Good afternoon all!
Looking at Gold from a 4H perspective, we see that price is currently in a downtrend as evidenced by the LowerHighs and LowerLows. We can see that support has been found at $2160-2150 and resistance at $2190-2180 on the 4H timeframe. I expect her to make a push to retest the new resistance zone that can be seen on the rectangle box. A candle closure above this area would indicate a possible trend reversal but confirmations on the higher timeframe would be needed to enter on a swing.
Looking at Gold from a 4H perspective, we see that price is currently in a downtrend as evidenced by the LowerHighs and LowerLows. We can see that support has been found at $2160-2150 and resistance at $2190-2180 on the 4H timeframe. I expect her to make a push to retest the new resistance zone that can be seen on the rectangle box. A candle closure above this area would indicate a possible trend reversal but confirmations on the higher timeframe would be needed to enter on a swing.
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.
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.