GOLD STRONG PULLBACK
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GOLD forecast
As we mentioned in the previous idea, the price while trading above 1923 has a bullish trend to reach 1932 and 1940, so it has already reached there
Now still it looks to reach 1940, and then will do a retest still 1932 or under 1923 and then will push up again
However, to be a bullish trend should break 1940 by closing 4h candle to get 1950
The Downtrend Scenario will start by closing 4h candle under 1923 to get 1910 and 1903
Pivot Price: 1932
Resistance Price: 1940 & 1950 & 1970
Support price: 1923 & 1910 & 1903
The movement range will be between 1950 and 1927
As we mentioned in the previous idea, the price while trading above 1923 has a bullish trend to reach 1932 and 1940, so it has already reached there
Now still it looks to reach 1940, and then will do a retest still 1932 or under 1923 and then will push up again
However, to be a bullish trend should break 1940 by closing 4h candle to get 1950
The Downtrend Scenario will start by closing 4h candle under 1923 to get 1910 and 1903
Pivot Price: 1932
Resistance Price: 1940 & 1950 & 1970
Support price: 1923 & 1910 & 1903
The movement range will be between 1950 and 1927
Bình luận
the price will continue to reach 1950 also
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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
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