GOLD Correction Downwrards is Possible
#trading_idea #Gold 💡
👑#Gold- Outlook
4H chart. Double top pattern. Red inverted hammer candle. The price has moved below the MA(20). RSI and Balance of Power indicate weakness in the upward trend.
🔽If the price break down neck of the Double Top pattern the slide to support 2498 is possible.
🔼Alternatively, the price may rise to retest the resistance 2517.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
➡️GET $20,000 JUST FOR $99
👑#Gold- Outlook
4H chart. Double top pattern. Red inverted hammer candle. The price has moved below the MA(20). RSI and Balance of Power indicate weakness in the upward trend.
🔽If the price break down neck of the Double Top pattern the slide to support 2498 is possible.
🔼Alternatively, the price may rise to retest the resistance 2517.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
➡️GET $20,000 JUST FOR $99
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.
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.