♦️ Gold is falling again ♦️
???? Returning to the previous technical analysis, in which we talked about the return of prices to touching the bearish channel at 1980.00.
???? Today, after the inflation news was released, gold prices recorded a rise to approximately 2030.00 levels, failing to stabilize above them in the short term.
♦️ Technical analysis On the intraday basis, with reference to the relative strength index, there is a decline to the level of 2000.00 until the end of the current day.
????Therefore, failure to test 2030.00 will push prices back to the second bearish channel, which revolves between 1985.00 to 1950.00.
???? Even writing the daily analysis, we must go back to closing below 2000.00 levels.
Stability of prices below 2000.00 levels in the short term currently enhances the chances of selling to our main target 1950.00, God willing.
The current price is 2007.00.
♦️ The current situation supports making sales of the appropriate contract size.
♦️ We strive as much as possible to send daily trading signals and follow up directly.
Good morning everyone
your brother a. Abdullah Jabr
@alaraby01
Gold falls again
संबंधित आलेख
