GOLD moved out of the descending channel, and it's approaching the 61.8% fibo level.
The market made a double top with divergence. Price is overextended.
We anticipate a bearish move from resistance and the fibo golden zone.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
The market made a double top with divergence. Price is overextended.
We anticipate a bearish move from resistance and the fibo golden zone.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
交易结束：到达目标
🚀TOP 1 broker🚀
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
bit.ly/3spSQqC
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
🔻Contact for Paid SIGNALS🔻
t.me/DeGRAMForex
The market rebounded from the level and closed below it, creating a false breakout.
Price decelerated while approaching resistance, so most likely it will go down.
We expect a retest of the higher low.