DeGRAM | GOLD channel breaking Short

GoldOANDA

Description

⋅ Mar 27, 2024 9:34 AM

GOLD is moving in an ascending channel. However, the price rebounded from the resistance level.

The market is trading near the channel boundary. Most likely, it will breakout the channel and go to the support level.

We expect a bearish move to retest the support from the 50% fibo retracement level.

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Comments

NunoSilva

⋅ Mar 28, 2024 8:00 AM

smitfrancois26

⋅ Mar 27, 2024 10:18 AM

Thank you for your work, I have been following you for some time with success, but in current situation do you not think gold is going to break out to the top?

DeGRAM

⋅ Mar 27, 2024 9:34 AM

Good luck in the markets and may the profit be with you !