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FirstNameHelen
Apr 11, 2023 10:10 AM

HelenP. I Gold can continue to fall and exit of wedge Short

GOLD (US$/OZ)TVC

Description

Hi folks today I'm prepared for you GOLD analytics. I decided to update the previous idea for Gold for you. The price continued to decline, reached our first goal and tried to break through the support level, but could not fix below. The price began to move up and rose to the resistance level 2005, it seems to me that this could be a corrective movement. Recently, the price rebounded from the resistance level and is currently trading lower. Gold can continue to fall and break through the trendline. I hope the price can break through the support of wedge and continued going down. Therefore, the target for Gold will be set at level 1980, which coincide with the trendline, and at the level 1965. If you like my analytics you can support me with your like/comment ❤️
Comments
Mihai_Iacob
I m long since yesterday, but if Gold is failing to pass 2010, it could reverse.
At this moment looks bullish and, IMO, is risky to sell
linofx1
Still riding my long position on Gold, thanks for sharing
MBoxtrade
Hello you should work trendline pattern your analysis is not right
HAMED_AZ
Good job
ceciliones
amazing chart
kquetta01
i hope soon 1965
basictradingtv
keep up the great work Helen!
FOREXN1
Nice Idea , cheers !
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