Gold : A time for a Pullback from Double top
Gold: Price approached near Last ATH on firday. The price showed a rejection from the level. This rejection can be seen in the form of Wick on the daily chart and formation of Head and shoulders in 1H or Lower TF.
I think price will pullback from this level and visit the area between 20-50 DMA.
Allinging fundamentals with the technicals. Trump policy of imposing tariffs on foreign imports may increase inflation and delay the interest rate cuts.
We may see 2750-2720-2700-2680 levels in the next week.
Good Luck and share your views on the idea
I think price will pullback from this level and visit the area between 20-50 DMA.
Allinging fundamentals with the technicals. Trump policy of imposing tariffs on foreign imports may increase inflation and delay the interest rate cuts.
We may see 2750-2720-2700-2680 levels in the next week.
Good Luck and share your views on the idea
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.