TradingView
usdclub
Aug 24, 2021 5:57 PM

Above 1800 is mainly short Short

Gold/U.S. DollarFXCM

Description


The current price is around 50% of the 1959~1676 Fibonacci retracement, and 1818~1828 is the current pressure range, and it may not necessarily break through this area. The daily chart may show a high doji pattern.

Comment

That is a bearish wedge in a downward channel.

Comment

If it rebounds to around 1800 again, You can look for opportunities to increase short orders.

Comment

Comment


Looking at the chart in the opposite direction, you will definitely not go short at this position

Comment


1W chart potential bearish AB=CD pattern
More