I would SELL
GOLD 1H Technical analysis.
Price made some moves up, but it is still in the downtrend.
Right now there are many support and resistance zones, from bigger tf and smaller tf.
You can see that price are rejecting from level where is trend line + 1h Resistance zone.
So overall i would search for Sell orders.
There is no point to go against the trend , only if you are scalping, but also that is dangerous.
So yes.. I would SELL, but it's up to you.
Price made some moves up, but it is still in the downtrend.
Right now there are many support and resistance zones, from bigger tf and smaller tf.
You can see that price are rejecting from level where is trend line + 1h Resistance zone.
So overall i would search for Sell orders.
There is no point to go against the trend , only if you are scalping, but also that is dangerous.
So yes.. I would SELL, but it's up to you.
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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.