Hello Everyone
GOLD
The basic trend is slightly bearish and the short term is tentatively bullish.
The first resistance is located at 1950 and The first support is located at 1932
Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend.
A bearish break in the support would be welcome to boost the slightly bearish basic trend.
So, under 1932 will touch 1914 and then 1885
above 1932 will touch 1950 and breaking 1950 will support bullish trend till 1963
Pivot Price: 1932
Resistance Price: 1950 & 1963 & 1976
Support price: 1923 & 1915 & 1886
The movement range will be between 1950 and 1932
We hope you'll be profitable, and take a look of the chart to be clear for you
Previous idea:
GOLD
The basic trend is slightly bearish and the short term is tentatively bullish.
The first resistance is located at 1950 and The first support is located at 1932
Without a basic trend, it is be important to monitor the price reaction at the first levels of resistance or support. A bullish break in resistance could quickly reverse the basic trend.
A bearish break in the support would be welcome to boost the slightly bearish basic trend.
So, under 1932 will touch 1914 and then 1885
above 1932 will touch 1950 and breaking 1950 will support bullish trend till 1963
Pivot Price: 1932
Resistance Price: 1950 & 1963 & 1976
Support price: 1923 & 1915 & 1886
The movement range will be between 1950 and 1932
We hope you'll be profitable, and take a look of the chart to be clear for you
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
