롱

GOLD 4H (Still bullish )

업데이트됨

GOLD

OUTLOOK

Gold prices rose on Monday despite Federal Reserve Chairman Jerome Powell's comments about the possibility of further interest rate hikes, as markets seek clues through economic data this week to paint a clearer picture of the path of interest rates.

as we mentioned before as long as price trade above 1902 the direction will be uptrend and the price will continue at the bullish attempts but right now to confirm the bullish trend should stable above 1924 and then will reach 1932 and 1943

also under 1912 it will be possible to retest to 1902 and then rise up again

The expect range trading for today it will be between support line 1912 and resistance line 1924

support line : 1912 , 1902
resistance line : 1924 , 1932

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노트

GOLD

As we mentioned from the previous idea as long as price trade above 1902 the direction will be uptrend and price reached at resistance line 1924

Now , to continue at the bullish trend should stable above 1924 and then will support the price to reach 1932 and 1943

under 1924 will make the price to start a correction to visit the previous broken area 1912 and under that 1902 so the main condition to continue at the bullish trend is stabilized above 1924

The expect range trading for today it will be between resistance line 1924 and support line 1912

Additionally , At this time, the markets are awaiting the release of US employment opportunities data and the US consumer confidence index, as these data will have an important impact on the market movement and will affect the market directly .

support line : 1912 , 1902
resistance line : 1924 , 1932

Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️

거래청산: 타겟 닿음

AS we said the direction is uptrend and price will reach 1932 and 1943 an already the price reached our first target

Now , to continue at the bullish trend should stable above 1932 and then will form impulse to reach 1943

under 1932 its possible to retest and visit the previous broken area to 1924 again