Hi everyone
I hope you are well
Fundamental factors affected the market and we saw a rapid rise in gold prices. But this is the eternal solution of gold. It goes so far as to force all opposing traders to surrender. Due to the fact that the price reached the resistance line of the daily channel and there was an expectation for more sales, but the buyers brought the price to the range of 1874 with the arrival of a large volume of buying transactions. We are waiting for a correction here and we will decide according to the current situation. But the trend is currently bullish unless the price returns to the channel below 1850 to 1855.
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
I hope you are well
Fundamental factors affected the market and we saw a rapid rise in gold prices. But this is the eternal solution of gold. It goes so far as to force all opposing traders to surrender. Due to the fact that the price reached the resistance line of the daily channel and there was an expectation for more sales, but the buyers brought the price to the range of 1874 with the arrival of a large volume of buying transactions. We are waiting for a correction here and we will decide according to the current situation. But the trend is currently bullish unless the price returns to the channel below 1850 to 1855.
📣 Attention 📣
⚠️ 1. We publish this trading idea to help analysts, so if you have an idea that you think is right, do not be influenced by this idea.
⚠️ 2. All our analysis and signals are provided free of charge, so we have no obligation to make any profit or loss on our signals and analysis.
⚠️ 3. If you have an idea, write to us in the comments section, we will be happy to use your idea in our analysis.
