Gold reacted well to the heavy resistance zone.
Gold is moving in a descending channel after reacting to a heavy support zone.
From where we can see a regular divergence (RD-) between the MACD indicator and Gold price, and also in the RSI indicator, a head and shoulders pattern was formed, and it is expected that gold will decrease at least after the breaking of the uptrend line to the support zone and support lines.👇
Gold Analyze ( XAUUSD ), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Gold is moving in a descending channel after reacting to a heavy support zone.
From where we can see a regular divergence (RD-) between the MACD indicator and Gold price, and also in the RSI indicator, a head and shoulders pattern was formed, and it is expected that gold will decrease at least after the breaking of the uptrend line to the support zone and support lines.👇
Gold Analyze ( XAUUSD ), Timeframe 1H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
トレード終了: 利益確定目標に到達
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🔔Please follow us on Telegram for more analysis.👉 t.me/ProTrader_365
📚if you want to learn Technical Analysis = Please Contact me👉 t.me/Ad_ProTrader365
