Gold on a rising channel
hello dear friends
look at the multi time frame chart analysis.
on W1 it shows that the price is fighting in a support.
on D1 it shows that successfully managed to break the previous support on reached to a stronger level.
on H4 it shows a clear W formation that the neckline is already broken.
on H1 there is a small bullish flag that means gold might rise up to near 1730.
if you have any questions please let me know in the comments section.
Dont forget to follow me
thanks
look at the multi time frame chart analysis.
on W1 it shows that the price is fighting in a support.
on D1 it shows that successfully managed to break the previous support on reached to a stronger level.
on H4 it shows a clear W formation that the neckline is already broken.
on H1 there is a small bullish flag that means gold might rise up to near 1730.
if you have any questions please let me know in the comments section.
Dont forget to follow me
thanks
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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.
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.