Gold analytical series, Episode 28, Part 2 Hello Traders, please check out my previous ideas.
Targets are shown on the chart.
As long as the price is below the 3H middle Bollinger line, any price moves to cross this line is a sell position for me.
If the price breaks above the midline or stabilizes above the red or yellow support zone, the bullish scenario will be activated.
โ๐ฅIf you are satisfied with my analytical content, please share my ideas๐ฅโ โ๐ฑโ๐คOtherwise, make sure you leave comments and let me know what you think.๐ฑโ๐คโ ๐ค๐พThank you for your support. I hope you will gain profit by following my analyses.๐พ๐ค CrazySโ
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The price was rejected from the 3H Bollinger line for the umpteenth time. โ๐ฅ The remaining support level in our analytical idea is around $1,886.โ
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With some approximation, the price target was achieved.โ๐ฅ
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With the price reaching the level of the 3-hour and 4-hour Bollinger middle line, there are two downward and upward scenarios for gold.๐ฑโ๐คโ Personally, I see the expectation of an upward and downward scenario as equal.โ๐ฅ