GOLD - Expect triangle breakout ✅
Hello traders!
‼️ This is my perspective on GOLD.
Technical analysis: As we can see here price is forming a triangle with lower lows which means sellers trying to push price lower. I expect upcoming week to see a breakout and downside move to imbalance around 2100 price level.
Fundamental news: Upcoming week we have news with high impact on USD, we will see results of Interest Rate, followed by FOMC Press Conference.
Like, comment and subscribe to be in touch with my content!
‼️ This is my perspective on GOLD.
Technical analysis: As we can see here price is forming a triangle with lower lows which means sellers trying to push price lower. I expect upcoming week to see a breakout and downside move to imbalance around 2100 price level.
Fundamental news: Upcoming week we have news with high impact on USD, we will see results of Interest Rate, followed by FOMC Press Conference.
Like, comment and subscribe to be in touch with my content!
❗️Check out my telegram channel with premium content.
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - great conditions for trading - nmaffen.com/c1mp99nemznd
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - great conditions for trading - nmaffen.com/c1mp99nemznd
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.