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GOLD - BULLISH VOLUME
Generally, the direction is uptrend
Uptrend Side: The gold price continues to record new highs, establishing support at 2,778. As long as it trades above this level, it is likely to rise further to reach the next resistance at 2,787. A break above this resistance could drive the price to a new high of 2,800.
Correction: The price may decline to reach 2768 as it attempts to break through 2778 before beginning its upward movement.
Downtrend Side: The price needs to undergo a strong correction to break through the support levels at 2,778, 2,757, and 2,668.
Uptrend Side: The gold price continues to record new highs, establishing support at 2,778. As long as it trades above this level, it is likely to rise further to reach the next resistance at 2,787. A break above this resistance could drive the price to a new high of 2,800.
Correction: The price may decline to reach 2768 as it attempts to break through 2778 before beginning its upward movement.
Downtrend Side: The price needs to undergo a strong correction to break through the support levels at 2,778, 2,757, and 2,668.
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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
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