GOLD: SHORT FROM RESISTANCE AREA + 61.8% FIBO+ 200 SMA | SELL

Od FOREXN1
Zaktualizowano
Like Explained in the previous Idea about GOLD

GOLD : Spike Candle on Resistance Area 61.8 % Fibo - Bearish


Today we Analyze the GOLD chart from the 8H timeframe for a better zoom of the situation. The price after a Deep Pullback, touched and reject the 61.8% Fibo area of resistance ( White rectangle ) around 1800.00 and, as we can see the price seems ready to revert its bullish momentum in favor of the Main trend, the Bearish one.The price also feel the 200 SMA in this timeframe like a dynamic resistance to not go over. The RSI is still in overbought with divergences, Ichimoku also in this timeframe gives a Bearish forecast and our clues continue to be for a Bearish setup.
Komentarz
NEW UPDATE

GOLD: Short from confluence of Resistances and Fibo Levels SELL
GoldHarmonic PatternsTechnical IndicatorsXAUUSD
FOREXN1
✅ TELEGRAM CHANNEL: t.me/+VECQWxY0YXKRXLod

🔥 UP to 4000$ BONUS: forexn1.com/broker/

🔥 USA ZERO SPREAD BROKER: forexn1.com/usa/

🟪 Instagram: instagram.com/forexn1_com/

Powiązane publikacje

Wyłączenie odpowiedzialności