Gold price action bellow EMA 21,50,100,200 periods. Testing green support trend line. If break support line then can retest double bottom level at 1460$ price level. Gold closed bellow heavy resistance red line.
Volume: decreased.
Indicators: RSI bellow 50 points, MACD bullish crossover bellow zero line. Bearish sign.
Pattern: break down of symetrical triangle.
S/R: Support at 1474$, Major Support 1460$, Resistance 1507.5$, Major Resistance 1504$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
Volume: decreased.
Indicators: RSI bellow 50 points, MACD bullish crossover bellow zero line. Bearish sign.
Pattern: break down of symetrical triangle.
S/R: Support at 1474$, Major Support 1460$, Resistance 1507.5$, Major Resistance 1504$.
Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.