Gold Forecast
D1 - Extreme divergence, expecting corrective phase to happen now.
H4 - Price is holding below the falling resistance and the horizontal resistance zone.
H1 - Bearish trend pattern.
If we get a valid breakout below the most recent uptrend line we may then consider it as a validation for the bearish view.
H4 - Price is holding below the falling resistance and the horizontal resistance zone.
H1 - Bearish trend pattern.
If we get a valid breakout below the most recent uptrend line we may then consider it as a validation for the bearish view.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.