GOLD / Bearish Correction Below 2738, Bullish Continuation Above
The price has risen precisely from the correction support as we previously anticipated.
It now appears poised for a correction towards 2729. If the price stabilizes below 2738, this signals a potential further decline toward 2721. However, if it holds above 2738, the bullish trend will likely continue, targeting 2748, and 2758 and potentially extending to 2775.
Key Levels:
Pivot Point: 2738
Resistance Levels: 2748, 2758, 2775
Support Levels: 2721, 2710, 2697
Trend Outlook:
Bearish Correction till 2721
Bearish trend By stability Below 2738
Bullish: Above 2738
Previous idea:
It now appears poised for a correction towards 2729. If the price stabilizes below 2738, this signals a potential further decline toward 2721. However, if it holds above 2738, the bullish trend will likely continue, targeting 2748, and 2758 and potentially extending to 2775.
Key Levels:
Pivot Point: 2738
Resistance Levels: 2748, 2758, 2775
Support Levels: 2721, 2710, 2697
Trend Outlook:
Bearish Correction till 2721
Bearish trend By stability Below 2738
Bullish: Above 2738
Previous idea:
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