CFDs on Gold (US$ / OZ)Updated Gold Price Support Lines To Watch
Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Gold price.
Gold price is headed down but there are two support lines to keep an eye on. A Fibonacci Retracement is also showing the first support trend line is at the 0.236 level. Keep a close eye on that price if Gold price keeps falling. Gold has been in a channel for a long period. The lower support trend line is the bottom line of the channel.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Gold price is headed down but there are two support lines to keep an eye on. A Fibonacci Retracement is also showing the first support trend line is at the 0.236 level. Keep a close eye on that price if Gold price keeps falling. Gold has been in a channel for a long period. The lower support trend line is the bottom line of the channel.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Note
still on track with the pathways.
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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.
Related publications
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.