GOLD is rising
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GOLD 4H NEW FORECAST
After that the price can break the 2935 and 2940 to the upside and the bullish direction will remain if it stabilizes above that
It goes to 2956 and 2972
However, if the price is stable below 2935, it will correct to the levels of 2920 and 2900. This will only be a self-correction, not a continuous decline, when it breaks the 2900 and stabilizes below this with a 4 hour candle that will start to decline completely to reach the 2880
Pivot Line : 2940
Resistance Line : 2956 , 2972
Support Line : 2920 , 2900
GOLD 4H NEW FORECAST
After that the price can break the 2935 and 2940 to the upside and the bullish direction will remain if it stabilizes above that
It goes to 2956 and 2972
However, if the price is stable below 2935, it will correct to the levels of 2920 and 2900. This will only be a self-correction, not a continuous decline, when it breaks the 2900 and stabilizes below this with a 4 hour candle that will start to decline completely to reach the 2880
Pivot Line : 2940
Resistance Line : 2956 , 2972
Support Line : 2920 , 2900
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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.
Related publications
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.