I would SELL
GOLD 1H Technical analysis.
As we can see Gold tested 1700 area which was important area in past as well.
Right now i expect movement down and it looks like price is at beautifull downtrends channell.
My idea is to Sell gold till around 1670 area, then we will see.
For safer entries i would wait till price goes bellow 1690
As we can see Gold tested 1700 area which was important area in past as well.
Right now i expect movement down and it looks like price is at beautifull downtrends channell.
My idea is to Sell gold till around 1670 area, then we will see.
For safer entries i would wait till price goes bellow 1690
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.