GOLD/ CORRECTION MOVE
The price recently experienced an upward movement, nearing the target of 2840, with a recorded high of 2830. After reaching this level, a pullback occurred, and the price is now consolidating around the 2811 support zone. This level has shown signs of holding, suggesting a potential stabilization phase before another attempt to move higher.
If the price maintains support at 2811, it is likely to reverse upward, targeting the 2840 resistance level, which has been a key level of interest. A further breakout above 2840 could drive the price toward the next major resistance at 2859, aligning with the upper boundary of the current structure.
However, caution is advised, as a break below 2814 would indicate weakness and could trigger a deeper decline. In such a scenario, the price might extend its downward movement toward the 2782 support level, which has acted as a significant stabilization zone in previous sessions.
Tendency Keys: 2812
Resistance Line: 2840, 2859
Support Line: 2782, 2757, 2732
If the price maintains support at 2811, it is likely to reverse upward, targeting the 2840 resistance level, which has been a key level of interest. A further breakout above 2840 could drive the price toward the next major resistance at 2859, aligning with the upper boundary of the current structure.
However, caution is advised, as a break below 2814 would indicate weakness and could trigger a deeper decline. In such a scenario, the price might extend its downward movement toward the 2782 support level, which has acted as a significant stabilization zone in previous sessions.
Tendency Keys: 2812
Resistance Line: 2840, 2859
Support Line: 2782, 2757, 2732
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about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。