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Gold Price Support Lines To Watch

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Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Gold price.

Gold price is headed down but there are two support lines to keep an eye on. A Fibonacci Retracement is also showing the first support trend line is at the 0.236 level. Keep a close eye on that price if Gold price keeps falling. Gold has been in a channel for a long period. The lower support trend line is the bottom line of the channel.

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
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still on track with the pathways.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.