GOLD new forecast
GOLD is set to maintain its bearish trend, potentially reaching 2342 after breaking below 2369 and establishing a foothold in the bearish zone. If it breaks the support at 2342, it will likely initiate a new bearish trend for the week, targeting 2320 and 2302. Conversely, a reversal and stabilization above 2369 would indicate a resumption of the bullish trend, aiming for 2397.
Pivot Price: 2368
Resistance price: 2369, 2379, 2397
Support price: 2342, 2320, 2303
The expected trading range for today is between support 2342 and Resistance 2369
GOLD is set to maintain its bearish trend, potentially reaching 2342 after breaking below 2369 and establishing a foothold in the bearish zone. If it breaks the support at 2342, it will likely initiate a new bearish trend for the week, targeting 2320 and 2302. Conversely, a reversal and stabilization above 2369 would indicate a resumption of the bullish trend, aiming for 2397.
Pivot Price: 2368
Resistance price: 2369, 2379, 2397
Support price: 2342, 2320, 2303
The expected trading range for today is between support 2342 and Resistance 2369
Comment:
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~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
