was formed on 09.04 at 01:24:35 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, GOLD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2991.89 - 0.00 and support 2974.26 – 2974.26. In case the resistance level 2974.26 - 2974.26 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
