DeGRAM | GOLD pullback from resistance
GOLD is in an ascending channel between the trend lines.
The price is moving from the upper trend line and resistance level.
The chart formed a bearish engulfment during the resistance retest.
We expect the pullback to continue.
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The price is moving from the upper trend line and resistance level.
The chart formed a bearish engulfment during the resistance retest.
We expect the pullback to continue.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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GOLD is in an ascending channel between the trend lines.
The price is moving from the upper boundary of the channel and the dynamic resistance.
Indicators on the 4H Timeframe continue to form a bearish divergence as well as a rising wedge.
The chart continued to rise on declining trading volumes.
Our expectation of a pullback remains.
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bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.