Gold can do a correction before ascending further
HELLO every one
GOLD
🟡Chart is speaking it self!
- Gold was in a symmetrical Triangle
- the bullish break out has already happened
-right now the price is at a important resistance level.
- there is a regular bearish divergence (-RD) on MACD.
- Support level which we expect a reaction from is drawn on the chart.
-after a pullback from the support zone, we expect the price to reach around 1960$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
GOLD
🟡Chart is speaking it self!
- Gold was in a symmetrical Triangle
- the bullish break out has already happened
-right now the price is at a important resistance level.
- there is a regular bearish divergence (-RD) on MACD.
- Support level which we expect a reaction from is drawn on the chart.
-after a pullback from the support zone, we expect the price to reach around 1960$
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Trade closed: target reached
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