Gold technical analysis
Gold price has formed a Spinning Top candlestick pattern on the daily scale that conveys a reversal due to indecisiveness in the sentiment of market participants after a downside move. The importance of the Spinning Top candlestick formation is meaningful as it has formed near the 38.2% Fibonacci retracement (placed from November 3 low at $1,616.69 to February 2 high at $1.959.71) at $1,829.45.
The Gold price has also formed a Double Bottom chart pattern in which the second leg of the bottom has formed with less-confident, showing signs of a bullish reversal.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن