GOLD. The beginning of the correction is confirmed.
At the moment, the trading instrument has probably entered a correctional phase, which is confirmed by the breakdown of the ascending structure at the 1981 point and consolidation below it.
Based on my vision of the market, I can add the following: in order for the price to continue its downward movement, market participants need to increase sales volumes in the premium zone, which, I believe, will be reflected in the price chart in the form of growth, where we will enter the market on sale.
Entry into positions is carried out only when a confirming pattern is formed.
Dear friends, if you have any questions about the description, please write in the comments.
Based on my vision of the market, I can add the following: in order for the price to continue its downward movement, market participants need to increase sales volumes in the premium zone, which, I believe, will be reflected in the price chart in the form of growth, where we will enter the market on sale.
Entry into positions is carried out only when a confirming pattern is formed.
Dear friends, if you have any questions about the description, please write in the comments.
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.