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Gold Moving Down

#trading_idea #Gold 💡

👑#Gold- Moving Down

On the 1h Heikin-Ashi chart, the are 4 red candles in a row that may points on continue of decline. The Descending Triangle is formed. The CCC indicates a possible downward movement, while the Parabolic SAR confirms the pressure on the price.

🔽The price could continue to decline toward 2654.

🔼However, if the price fails to break the 2662 support, a rebound to the 2670 resistance is likely.


🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.



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