GOLD / 2661 Key level...
Updated
GOLD OUTLOOK
The price remains in a bearish trend towards 2,647 and 2,638 as long as it stays below 2,661.
For a bullish trend to take hold, stability above 2,667 is required, with a potential target of 2,680. and above it will get 2698
Key Levels:
Pivot Point: 2661
Resistance Levels: 2670, 2680, 2699
Support Levels: 2647, 2638, 2624
Trend:
- Bearish while below 2661
- Bullish above 2664
previous idea:
The price remains in a bearish trend towards 2,647 and 2,638 as long as it stays below 2,661.
For a bullish trend to take hold, stability above 2,667 is required, with a potential target of 2,680. and above it will get 2698
Key Levels:
Pivot Point: 2661
Resistance Levels: 2670, 2680, 2699
Support Levels: 2647, 2638, 2624
Trend:
- Bearish while below 2661
- Bullish above 2664
previous idea:
Trade closed: target reached
GOLD
live update
The price dropped as we mentioned yesterday and still running especially after did it their retest toward 2652,
So today again will trade at the bearish while stabilizing under 2661 to get 2638 and closing 1h 2635 will touch 2624
The bullish side will be activated by breaking 2661
Key Levels:
Pivot Point: 2653
Resistance Levels: 2661, 2670, 2680
Support Levels: 2638, 2624, 215
Trend:
- Bearish while below 2652
- Bullish above 2664
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