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GOLD April 22, 2024: Closing Down Below The Trendline
CFDs on Gold (US$ / OZ)
GOLD April 22, 2024: Closing Down Below The Trendline
By longsonvn
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Apr 22
1
Apr 22
On April 22, 2024,
GOLD
started to move down below the trendline which is shown on the chart.
Therefore I have closed the rest of my long position in OANDA:XAUUSD.
See the related ideas section for the description of my previous positions.
Overall, it seems
GOLD
is still in an uptrend both on daily and weekly chart therefore I am not shorting it.
Chart Patterns
Trend Analysis
longsonvn
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