The market is testing the main resistance and upward trendline. The price is rejecting the zone by forming spikes, long tailed bar. In my opinion gold might go down to test support from main resistance IF price makes a fake break; another long tailed bar. On Daily timeframe indicators show a divergence. I expect short term correction after impulse move from the resistance. My goal is the support level at 1940.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Your private room for Telegram is a very failure, even if it is worth $1. I do not think of joining with you. It is a failure in the full sense of the word.. The trading record is fictitious and you do not mention the losses.
SASIMO
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@AlmomizQ8, hmm why she dont asnwer u .. i wanted to join her butt i need to see feedback like as u...i think most of them are fake traders ...i didnt seee who really is good trader in site....and lingrid close all message in yotube because pepole dont write feedback
Lingrid
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What do you think guys, where do you think the price of gold might go? Please share your opinion! 🤔
sevimsumerli
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@Lingrid, GOLD is commodity, Precious metal you can not majeure dollar Chinese yuan or Russian Ruble, paper money including US dollar currency no VALUE vs GOLD. GOLD and SILVER prices heavily manipulated with DERIVATIVES (Fake GOLD papers)sold in bank people that GOLD in real life doesn't exist. FED hide real inflation %10.
No one should assume Fed can protect economy in debt default! Do you believe? Who Owns FED reserve since FED reserve not OWN by DEERAL Government! LOL
MonoCoinSignal
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Thanks for sharing
TradingShot
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Great analysis as always. We follow a certain set of principles when conducting our analysis as well, which we've shared below: