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DeGRAM
Oct 28, 2020 7:05 AM

GOLD in falling channel  Short

GoldOANDA

Description


The price was unable to break through the support line and rose slightly.
But still there is a strong resistance line nearby + Gold is in a falling channel, and the price is near the upper resistance line.


I'm not sure if the price will immediately go down to the lower line of the falling channel, so the resistance line will be the target.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
SouthAfricanSnipper
I have been SHORT GOLD from the 1910 mark... betting on it to fall at least till 1900. Your analysis fits perfectly fine with mine - Thanks mate.
DeGRAM
@SouthAfricanSnipper, Thanks for the words!

I would like to see your idea!
Lingrid
hold order?
DeGRAM
thegoldenbear
I think that gold will hit 1889
DeGRAM
@lohnsonok, And then?
CobraVanguard
great
my Analysis
DeGRAM
@T_V_TreeTrader, Great job.

I appreciate what you shared with me
Lahmamsso
Glad i followed your signal! Amazing analysis once again 👍 keep it up
DeGRAM
@Lahmamsso,Thanks bro.

Glad to try to do it.
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