TVC:GOLD   CFDs on Gold (US$ / OZ)
gold

° 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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