GOLD 4H :Support further rise up
GOLD
New forecast
Gold price trading stabilizes above the resistance of the descending intraday channel, and obtains good positive support from the moving average 50, awaiting the resumption of the expected bullish wave in the intraday term, which targets the 2043 and 2055 levels as the next station.
Therefore, the bullish trend scenario will remain effective for the coming period, and breaching the aforementioned level will open the way to achieving additional gains up to 2067 - 2089, while breaking 2017 will put the price under negative pressure and open the way for heading towards a downward correction.
The expect range trading for today it will be between resistance line 2067 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2017 , 2007
resistance line : 2043 , 2055
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
Gold price trading stabilizes above the resistance of the descending intraday channel, and obtains good positive support from the moving average 50, awaiting the resumption of the expected bullish wave in the intraday term, which targets the 2043 and 2055 levels as the next station.
Therefore, the bullish trend scenario will remain effective for the coming period, and breaching the aforementioned level will open the way to achieving additional gains up to 2067 - 2089, while breaking 2017 will put the price under negative pressure and open the way for heading towards a downward correction.
The expect range trading for today it will be between resistance line 2067 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2017 , 2007
resistance line : 2043 , 2055
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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