LegionQ8

Gold can rebound down from seller zone to 2005 support line

做空
FOREXCOM:XAUUSD   黄金现货/美元
Hello traders, I want share with you my opinion about Gold. Looking at the chart, we can see how the price after started to trades in the channel, firstly reached the 1935 support level, which coincided with the buyer zone, and a short time later broke it. Then Gold rose to the resistance line of the channel and at once rebounded back to the 1935 level, after which price made a strong upward impulse until to 2145 points, but soon it fell back, making a fake breakout of the channel. Also soon, XAU made a correction to support line of the upward channel, breaking the 2035 level too. But later price rebounded from this line and rose back to the resistance line of the channel, breaking the current support level again. As well recently, Gold rolled down to the seller zone, where it continues to trades, near the 2035 support level, at the moment. So, I think XAU firstly can a little rise and then will break the support level and at once make retest. After which, Gold will continue to decline to support line of upward channel, therefore I set my target at the 2005 points, which coincided with this line. Please share this idea with your friends and click Boost 🚀
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。