GOLD 4H : Try to recover
GOLD
New forecast
The price perfectly fulfills my last idea and price reached to our targets.
The gold price shows positive trading after failing to stabilize below the 2007 level, then rebound and stabilize above the 2017 level, waiting to break the 2031 level, which constitutes a subsidiary resistance. Breaking this level is required to reinforce the positive scenario expected for today, whose next main target is located at 2043 and 2055.
Therefore, we continue to favor the upward trend during the coming sessions unless the 2017 level is broken and remains below it,for reminder moving average it constitutes an obstacle to the price at the 2031 level ,
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2017 , 2007
resistance line : 2031 , 2043
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and price reached to our targets.
The gold price shows positive trading after failing to stabilize below the 2007 level, then rebound and stabilize above the 2017 level, waiting to break the 2031 level, which constitutes a subsidiary resistance. Breaking this level is required to reinforce the positive scenario expected for today, whose next main target is located at 2043 and 2055.
Therefore, we continue to favor the upward trend during the coming sessions unless the 2017 level is broken and remains below it,for reminder moving average it constitutes an obstacle to the price at the 2031 level ,
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2017 , 2007
resistance line : 2031 , 2043
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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