GOLD - Sensitive move
Gold prices increased on Friday and were poised to achieve their first weekly gain in four days following U.S. economic data that suggested a reduction in price pressures, thereby fostering optimism for a potential interest rate cut by the Federal Reserve.
After the gold price tested the support level of 2327 and stabilized above it, it is expected to trade in a bullish zone and reach around 2344 today. However, stabilization below the 2327 level will likely bring the price down to 2292 and 2283. However, once this process is complete, a corrective rise to 2327 is anticipated.
To activate a bullish trend, the price must stabilize above 2327, confirmed by the closing of a 4-hour candle, which would then target a rise to 2344.
After the gold price tested the support level of 2327 and stabilized above it, it is expected to trade in a bullish zone and reach around 2344 today. However, stabilization below the 2327 level will likely bring the price down to 2292 and 2283. However, once this process is complete, a corrective rise to 2327 is anticipated.
To activate a bullish trend, the price must stabilize above 2327, confirmed by the closing of a 4-hour candle, which would then target a rise to 2344.
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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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
about 4 Analysis per day.
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
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.