Type: Bullish bounce
Resistance : 1950.6
Pivot: 1921.5
Support : 1915.8
Preferred case: Prices are consolidating in a triangle pattern . We see the potential for further bullish continuation from our Pivot at 1921.5 in line graphical overlap and 61.8% Fibonacci retracement towards our 1st resistance at 1950.6 in line with 127.2% Fibonacci Projection . Our bullish bias is further supported by RSI being on bullish momentum.
Alternative scenario: If prices were to reverse, they can potentially reach our 1st support at 1915.8 in line with 78.6% Fibonacci projection .
Fundamentals: With continuation of Russo-Ukraine invasions and inflation , we might expect a slight bullish turn towards the precious metal.
Resistance : 1950.6
Pivot: 1921.5
Support : 1915.8
Preferred case: Prices are consolidating in a triangle pattern . We see the potential for further bullish continuation from our Pivot at 1921.5 in line graphical overlap and 61.8% Fibonacci retracement towards our 1st resistance at 1950.6 in line with 127.2% Fibonacci Projection . Our bullish bias is further supported by RSI being on bullish momentum.
Alternative scenario: If prices were to reverse, they can potentially reach our 1st support at 1915.8 in line with 78.6% Fibonacci projection .
Fundamentals: With continuation of Russo-Ukraine invasions and inflation , we might expect a slight bullish turn towards the precious metal.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.