GOLD forecast
So, there we have strong resistance in 2050 and a strong support zone between 2020 and 2007,
which means there we have two scenarios
first, the price moves between 2036 and 2020 to break one side above 2036 and will reach 2050
the second scenario stabilizing under 2020 automatically will drop to touch 2007 and below it will start the bearish trend for the next week
Be careful stabilizing above 2050 by closing the 4h candle, which will make a new bullish zone to reach 2088 and 2120,
Pivot Price: 2036
Resistance Price: 2049 & 2088 & 2100
Support price: 2020 & 2007 & 1995
The movement range will be between 2050 and 2007
previous idea:
So, there we have strong resistance in 2050 and a strong support zone between 2020 and 2007,
which means there we have two scenarios
first, the price moves between 2036 and 2020 to break one side above 2036 and will reach 2050
the second scenario stabilizing under 2020 automatically will drop to touch 2007 and below it will start the bearish trend for the next week
Be careful stabilizing above 2050 by closing the 4h candle, which will make a new bullish zone to reach 2088 and 2120,
Pivot Price: 2036
Resistance Price: 2049 & 2088 & 2100
Support price: 2020 & 2007 & 1995
The movement range will be between 2050 and 2007
previous idea:
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
