GOLD - OUTLOOK
Hello everyone,
GOLD 4H NEW FORECAST
Gold prices are currently under downward pressure
If the price stabilizes below 2404, it will start to decline to the target of 2391 and then 2376 will become the main target until it reaches 2361,If it remains below 2361, the decline will continue.
However, if you stay above 2404 you will touch 2418. If you close the 4 hour candle above 2418 you will touch main target 2430 and then targets 2443 and 2459 will be targeted .
Pivot Line : 2404
Resistance Line: 2418,2430,2459
Support Line :2691,2376,2361
GOLD 4H NEW FORECAST
Gold prices are currently under downward pressure
If the price stabilizes below 2404, it will start to decline to the target of 2391 and then 2376 will become the main target until it reaches 2361,If it remains below 2361, the decline will continue.
However, if you stay above 2404 you will touch 2418. If you close the 4 hour candle above 2418 you will touch main target 2430 and then targets 2443 and 2459 will be targeted .
Pivot Line : 2404
Resistance Line: 2418,2430,2459
Support Line :2691,2376,2361
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