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GOLD - CONSOLIDATION
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Summary: As we mentioned, the price fell according to our analysis. The price is currently trading above the 2640 level and is attempting to rise toward 2662. This level may reject the price and then start its decline toward the 2606 level, which remains our target.
It is important to note that the downtrend is still active. For the trend to shift to an uptrend, the price needs to establish itself above the 2071 level.
Downtrend Side: The bearish trend remains active as long as the price trades below 2662, especially below the 2640 level. In this scenario, reaching the support levels of 2606 and 2566 remains achievable.
Uptrend Side: to rise if a 4-hour candle closes above the 2662 level, with a stronger confirmation, especially if it closes above the 2071 level.
Tendency Keys: 2662
It is important to note that the downtrend is still active. For the trend to shift to an uptrend, the price needs to establish itself above the 2071 level.
Downtrend Side: The bearish trend remains active as long as the price trades below 2662, especially below the 2640 level. In this scenario, reaching the support levels of 2606 and 2566 remains achievable.
Uptrend Side: to rise if a 4-hour candle closes above the 2662 level, with a stronger confirmation, especially if it closes above the 2071 level.
Tendency Keys: 2662
Giao dịch đang hoạt động
made a correction, then fell according to our bearish scenario
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
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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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