GOLD forecast
As we said in the previous idea stability above 2007 and 2020 will push up easily to 2050 and already we got there
Today we have GDP and the result will be negative for GOLD because the expectation is more than the previous result
So, as long as the price trades under 2052 will support falling to reach 2020 and under it will be 2007
Watch out for the correction until 2052 and then it dropping
Be careful, stabilizing above 2052 by closing the 4h candles above will make a new bullish zone to reach 2080, this situation will happen when the result of the GDP release is less than 2.00 - 3.00 %
Pivot Price: 2046
Resistance Price: 2052 & 2072 & 2080
Support price: 2020 & 2007 & 1986
The movement range will be between 2007 and 2052
PREVIOUS IDEA:
As we said in the previous idea stability above 2007 and 2020 will push up easily to 2050 and already we got there
Today we have GDP and the result will be negative for GOLD because the expectation is more than the previous result
So, as long as the price trades under 2052 will support falling to reach 2020 and under it will be 2007
Watch out for the correction until 2052 and then it dropping
Be careful, stabilizing above 2052 by closing the 4h candles above will make a new bullish zone to reach 2080, this situation will happen when the result of the GDP release is less than 2.00 - 3.00 %
Pivot Price: 2046
Resistance Price: 2052 & 2072 & 2080
Support price: 2020 & 2007 & 1986
The movement range will be between 2007 and 2052
PREVIOUS IDEA:
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
