GOLD has reached the upper boundary of the channel and resistance level.
The indicators indicate that the asset is overbought.
A bearish divergence is forming on the 1H Timeframe.
We expect a pullback.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The indicators indicate that the asset is overbought.
A bearish divergence is forming on the 1H Timeframe.
We expect a pullback.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade active
GOLD is in an ascending channel between trend lines.
The price is moving from $3045 resistance, the upper boundary of the channel and trend line.
The chart is holding under the resistance.
Indicators on the 1H Timeframe are forming a bearish divergence.
We expect a pullback in XAUUSD.
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
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🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
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.