GOLD/USD 1 HOURS CHART UPTREND BEFORE REACHING RESISTANCE LEVEL

4 Nis

1. Uptrend Channel: A blue ascending channel marks a previous bullish movement.


2. Higher Demand Resistance Zone: A rectangular box at the top highlights a resistance level where price previously reversed.


3. Price Respect Area: A green circle marks a point where the price interacted with the resistance before declining.


4. Downtrend Projection: A potential bearish movement is outlined with an arrow indicating a fall towards a low-risk support zone.


5. Support Zone: A lower rectangle marks a potential demand area where price might find support.



The analysis suggests that the price could briefly retest the resistance before dropping further toward support. The chart also displays price data, buy/sell buttons,

5 Nis

İşlem aktif

our chart running in our side