DeGRAM | GOLD continues to decline
Updated
GOLD is in a descending channel below the trend lines.
The chart continues to decline from the resistance level.
The price fell under the 62% retracement level and consolidated in the channel.
We expect the continuation of XAUUSD decline.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
The chart continues to decline from the resistance level.
The price fell under the 62% retracement level and consolidated in the channel.
We expect the continuation of XAUUSD decline.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Trade active
GOLD is in a descending channel below the trend lines.
The chart has already consolidated in the channel and under the lower trend line.
The price is holding under the 62% retracement level.
We expect the decline to continue.
Trade closed: target reached
The sharp decline allowed GOLD to reach our goal quickly.
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