mohammadsomeaneshin

XAUUSD seems to stop uptrend and falls down

FX_IDC:XAUUSD   Spot Altın/ABD Doları
as you see the resistant line at the 6th March til 9th March stopped the uptrend from raising up, it shows that its a real resistant line.
so if you pay attention at the channel, the higher highs went upper than the previous higher highs, until the last high.
it shows that the trend slope is getting lower and it may stop the uptrend and changes the direction to neutral or down trend soon.
all of the technical analysis are my idea and not for others investments.

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.