Trying to identify the gold top: The price has been moving within a historic channel since the 1970s, currently near its ceiling around $5600. There are no signs of weakness except for a negative candle. We will watch to see if the price begins to weaken here, and monitor influential political and economic news. Breaking below $4300 and closing beneath it indicates a bearish start.
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#الذهب #GOLD 🪙🪙
Trying to identify the gold top:
The price has been moving within a historic channel since the 1970s, currently near its ceiling around $5600. There are no signs of weakness except for a negative candle. We will watch to see if the price begins to weaken here, and monitor influential political and economic news. Breaking below $4300 and closing beneath it indicates a bearish start.