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XAUUSD Sell signal inside the Channel Down
Emas / Dollar A.S.
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XAUUSD Sell signal inside the Channel Down
Oleh TheCryptagon
Ikuti
Ikuti
19 Jun 2023
1
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19 Jun 2023
Gold crossed under both the 4hour MA50 and the RSI's MA, which has been a strong signal since the start of June.
During that time the price has been trading inside a Channel Down.
Sell on this confirmed signal and target 1920 which will make a new Lower Low.
This pattern gets invalidated only if the price crosses over Resistance A.
In that case target first the 4hour MA200 at 1975 and then Resistance B (1985.50) in extension.
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GC1! (Gold Futures)
Gold
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Technical Indicators
Trend Analysis
XAUUSD
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