gold analysis
Time 4H, 1H
Weekly pivot 2595.41
The floor is in the range of 2500 to 2485
The ceiling of the range is 2595, which overlaps with the weekly pivot and the broken 4-hour trend line. It is very important.
With the beginning of the market
The price is expected to move up to the range of 2595. If the close on Monday is lower than the weekly pivot, the price is expected to reach the range of 2500-2485.
In case of breaking the 4H floor range and fixing the price below this range
Expect to reach the daily floor in 2355
i have
If Monday's close is above 2595, the price may reach the range of 2660
and 2685
From this range, by confirming and seeing signs of reversal, you can become a seller for the bottom of the 4H range
#choman
Weekly pivot 2595.41
The floor is in the range of 2500 to 2485
The ceiling of the range is 2595, which overlaps with the weekly pivot and the broken 4-hour trend line. It is very important.
With the beginning of the market
The price is expected to move up to the range of 2595. If the close on Monday is lower than the weekly pivot, the price is expected to reach the range of 2500-2485.
In case of breaking the 4H floor range and fixing the price below this range
Expect to reach the daily floor in 2355
i have
If Monday's close is above 2595, the price may reach the range of 2660
and 2685
From this range, by confirming and seeing signs of reversal, you can become a seller for the bottom of the 4H range
#choman
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