GOLD - The pattern is controlled by negative pressure(2733,2714)
Generally, the direction is an uptrend
We have two potential bearish scenarios: first, the price might rise to 2757 before beginning a downward movement. Alternatively, the price could break through the resistance levels at 2757 and 2778, reaching 2787, before initiating a significant decline overall.
Downtrend Side: For the bearish trend to materialize, the price must break below 2733 and cross 2714, particularly if a 4-hour candle closes beneath this level.
Uptrend Side: We are observing an uptrend towards 2757. A break above this level could lead to further gains, potentially reaching 2778 and 2787.
Tendency Keys: 2733
We have two potential bearish scenarios: first, the price might rise to 2757 before beginning a downward movement. Alternatively, the price could break through the resistance levels at 2757 and 2778, reaching 2787, before initiating a significant decline overall.
Downtrend Side: For the bearish trend to materialize, the price must break below 2733 and cross 2714, particularly if a 4-hour candle closes beneath this level.
Uptrend Side: We are observing an uptrend towards 2757. A break above this level could lead to further gains, potentially reaching 2778 and 2787.
Tendency Keys: 2733
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.