GOLD bears still strong
XAU / USD
The price finally reached my major support Which I pointed before in my last idea , check here ⬇️
What Next ?
The bears are stronger than bulls
1- By chart : printed big double top pattern
2- By fundamental : dollar index keep going up and bring all other assets down !
If major support of 1660$ broken the price will easly dropped to 1550-1525 and then 1400$ - 1350$
Invalidation for bears : breakout of violet color trendline resistance will help the bulls to push up again
What do you think about Gold in next weeks ?
Share with us in comment section below ⬇️
The price finally reached my major support Which I pointed before in my last idea , check here ⬇️
What Next ?
The bears are stronger than bulls
1- By chart : printed big double top pattern
2- By fundamental : dollar index keep going up and bring all other assets down !
If major support of 1660$ broken the price will easly dropped to 1550-1525 and then 1400$ - 1350$
Invalidation for bears : breakout of violet color trendline resistance will help the bulls to push up again
What do you think about Gold in next weeks ?
Share with us in comment section below ⬇️
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
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.
📈Telegram channel: t.me/bitcoin_masters
💎For Premium Signals Group ask me here: t.me/Babenski
💎For Premium Signals Group ask me here: t.me/Babenski
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.