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Lingrid
May 31, 2023 8:04 AM

Lingrid | GOLD Losing MOMENTUM. Short trade from the RESISTANCE Short

GoldOANDA

Description

The price broke through the descending channel. The market is ranging after big impulse moves. Price action made fake beak of the support level and I think it might go down from the resistanace zone and downward trendline. The price is losing momentum at resistance that potentially can lead to bearish move. My goal is the support level at 1944.300

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
Lingrid
What do you think guys, where do you think the price of gold might go? Please share your opinion 🤔🤗! 📈 📉
TradingShot
Quality description of this instrument. The detailed presentation easily communicates the focal point of the idea to the reader.
TradingBrokersView
You may be right. This can be the start of a whole new move.
TheCryptagon
Really like the statements you pointed out, looking solid as always. Thank you for sharing!
InvestingScope
Thanks for sharing your view.
ArmanShabanTrading
Great forecast, friend!
mohamaddarvishi146
Can I help me?
Hamedsky
😃
FirstNameHelen
I see a strong move coming yes, thanks for gold signal
BKTradingAcademy
Always great work! Thx
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