TVC:GOLD   CFDs on Gold (US$ / OZ)

° As a basic analysis according to the expectations of the Federal Reserve , make sure that the interest will rise and the gold will fall violently, and if the interest does not change, the gold will remain a contingent trend, and a constant below 1830, which supports the decline .. Reducing the interest is very impossible at the present time
°As a classic analysis according to the supports and resistances, we can say 1833 is a resistance that is not easy and will not penetrate it and close above it until after visiting 1782 and by breaking it we go to 1752
°As a classic analysis according to technical patterns, a clear and explicit head and shoulders pattern that supports its decline to 1782 as a daily target 1752 as a weekly target . °As a classic analysis in terms of the type of candles. I can assure you that the selling engulfing candle is coming, we just need patience
°As an analysis of indicators, Bollinger bands , stochastics, Fibonacci, bearish , bearish
Because the gold is trading around the 61% Fibo level
Good luck and don't forget my words
Any stability above 1830 is not expected at all, that it will happen before hitting 1782 and 1752


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