GOLD 4H (sensitive movement)
Updated
GOLD
Gold price made an attempt to breach the pivotal resistance in 2052, but it was unable to stabilize above it,
to remain stuck between this resistance and support 2033, which represent the keys to the next trend, as the price needs to surpass one of these two levels to define its next destination clearly.
We remind you that breaching the 1975 resistance will lead the price to resume the main bullish wave and head to visit 2100.00 areas as the next main stop, while breaking the support constitutes a negative factor that will put the price under negative pressure, aiming to visit 2019 levels, then 2006 mainly.
pivot price: 2047
support price: 2033 & 2019 & 2006
resistance price: 2052 & 2070 & 2075
The expected general trend for today: Neutral
Gold price made an attempt to breach the pivotal resistance in 2052, but it was unable to stabilize above it,
to remain stuck between this resistance and support 2033, which represent the keys to the next trend, as the price needs to surpass one of these two levels to define its next destination clearly.
We remind you that breaching the 1975 resistance will lead the price to resume the main bullish wave and head to visit 2100.00 areas as the next main stop, while breaking the support constitutes a negative factor that will put the price under negative pressure, aiming to visit 2019 levels, then 2006 mainly.
pivot price: 2047
support price: 2033 & 2019 & 2006
resistance price: 2052 & 2070 & 2075
The expected general trend for today: Neutral
Trade closed: target reached
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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
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