TradingView
RLinda
Jul 4, 2022 6:50 AM

GOLD ! Rollback to range. What will happen next? 🙀 Short

GoldOANDA

Description

Gold is excellent and behaves quite predictably. I said that the price would fall, but the instrument did not reach the important liquidity zone, but only tested the local minimum that was formed on May 16, after which we saw a rollback to the border of the previously broken range.

I assume that the level of 1811.5 plays the role of resistance and the market will fight for this place, that is, if the price can fix above the level, there is a great chance that the price will go to test the downward resistance of the channel, if the price fixes below the level, which I expect, then there will be a fall. Short term target - support 1799.1

Sincerely, R. Linda!
Comments
CAJordaan31
this person actually has a paid private channel. I joined after seeing great chart art...

the next day, she/he/they post opposite ideas on tradingview vs private group.... sell on trading view, buy on private group. asked for a refund because of the contradictory advise....
susannajuliaharrison
What is the local downside resistance that you mention?
RLinda
@susannajuliaharrison, I think you need to study the levels (support and resistance) and channels to understand what I'm talking about.
RLinda
Agree?
yonsfx
Nice Linda
A-R-31
thank you for sharing
JoeChampion
Nice work, am agree with you
kwd_20
what a good catch Linda. Thanks! Superb
pejman_zwin
thanks for sharing
ArmanShabanTrading
I Like your TA , So Helpful 👍🏼 What's your SL Recommendation ?
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