GOLD Rising

#trading_idea #Gold 💡

👑#Gold- Watch Resistance

On the 1h chart, the price is testing 2740 resistance. Gold is trading in a strong upward channel. The MACD and Bears&Bulls both points to possible continuation of rise In addition there is an ascending triangle pattern formed.

🔼If the price break through 2740, the further rise to 2750 is possible.

🔽Otherwise, a slide to 2720 support and lower could be expected.


🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.


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Chart PatternsFundamental AnalysisTrend Analysis

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