GOLD - WILL FACE UPTREND
Gold prices steadied on Wednesday as markets awaited U.S. jobs data and comments from Federal Reserve Chair Jerome Powell for further insights into the U.S. interest rate cut trajectory.
The 2640 level has proven to be robust, maintaining its position for over a week and forming a barrier with the most recent peak drop on the 4-hour timeframe. The price is currently fluctuating between the 2640 and 2662 levels. We anticipate a breakout above the 2662 resistance in the near future, with a subsequent move towards the 2701 resistance. This would provide access to the strong resistance zone between 2732 and 2757.
On the downside, the price must stay below 2,640. To further confirm a bearish trend, however, it would need to break through the 2,605 level.
Tendency Keys: 2640
The 2640 level has proven to be robust, maintaining its position for over a week and forming a barrier with the most recent peak drop on the 4-hour timeframe. The price is currently fluctuating between the 2640 and 2662 levels. We anticipate a breakout above the 2662 resistance in the near future, with a subsequent move towards the 2701 resistance. This would provide access to the strong resistance zone between 2732 and 2757.
On the downside, the price must stay below 2,640. To further confirm a bearish trend, however, it would need to break through the 2,605 level.
Tendency Keys: 2640
交易進行
Gold prices continue to fluctuate within the range of the resistance levels at 2662 and 2640, with the direction yet to be determined.
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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。