SroshMayi

GOLD (REBOUNDED FROM THE SUPPORT AREA)

Long
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD forecast


The Gold market rebounded from the strong support area,

The war situation affected the GOLD market and already successes in reaching the resistance line which was in 1857

This situation means the Uptrend scenario started, while above 1831

Stabilizing under 1845 will drop to reach 1831 to make a retest and then will rise again


Pivot Price: 1815
Resistance Price: 1845 & 1865 & 1885
Support price: 1804 & 1786 & 1773

The movement range will be between 1857 and 1815

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