Gold shows 3 faces for me a wedge, ascending channel, and pennant, all bearish. As seen in this chart, these are the 3 scenarios that I can see playing out with black serving as the accumulative flat to 1900, with red as the ascending channel reaching the 1900 levels, and a bearish pennant, supposedly having this current level as the trigger for it to descend down to 1600+ levels. For you, which structure do you think gold will follow?
Disclaimer: This is for educational purposes only.
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.