GOLD Double top or a good chance to buy?

GOLD (US$/OZ)TVC

Description

⋅ Aug 18, 2020 7:31 AM

I am waiting for the breakdown of the $ 2013 resistance level to rise to the $ 2074 resistance level.
If the reaction is weak, then there will be a rollback to the reversal of the local trend towards the $ 1927-1940 buyers zone.

Trend Analysis

Comments

Mr_robartson

⋅ Aug 18, 2020 4:48 PM

Nice job

TrendFather

⋅ Aug 18, 2020 6:12 PM

@Mr_robartson, thank you.

Asanato

⋅ Aug 19, 2020 9:15 AM

Interesting idea! Keep it up :)

TrendFather

⋅ Aug 19, 2020 9:20 AM

@Asanato, thank you)

Nihal284455

⋅ Aug 19, 2020 3:30 AM

Excellent

TrendFather

⋅ Aug 19, 2020 8:46 AM

@Nihal284455, thank you.

Khrina

⋅ Aug 19, 2020 1:55 AM

Good analysis.

TrendFather

⋅ Aug 19, 2020 8:46 AM

@Khrina, thank you.

UnknownUnicorn10600541

⋅ Aug 19, 2020 12:24 AM

So how we can measure if it is weak reaction or not?

TrendFather

⋅ Aug 19, 2020 8:47 AM

@ahmedesmat322, you need to look at the reaction when the price approaches the level.