GOLD 4H : Above 2017 will rise up again
GOLD
New forecast
The price perfectly fulfills my last idea and price reached to our targets +180 pip.
The gold price shows more bearish tendency to settle below 2055, supporting the chances of a continuation of the bearish intraday tendency, and we expect to test the 2017 level before returning to the rise again.
The overall upward trend is still likely unless the 2017 level is broken and remains below it. The price is gaining positive momentum well to support the chances of resuming the expected bullish wave for today, which aims to test the 2031 and 2043 levels again, keeping in mind that continuing the decline and breaking 2017 will put pressure on the price. To incur additional losses up to 2007.
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2017 , 2007
resistance line : 2043 , 2055
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and price reached to our targets +180 pip.
The gold price shows more bearish tendency to settle below 2055, supporting the chances of a continuation of the bearish intraday tendency, and we expect to test the 2017 level before returning to the rise again.
The overall upward trend is still likely unless the 2017 level is broken and remains below it. The price is gaining positive momentum well to support the chances of resuming the expected bullish wave for today, which aims to test the 2031 and 2043 levels again, keeping in mind that continuing the decline and breaking 2017 will put pressure on the price. To incur additional losses up to 2007.
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market.
support line : 2017 , 2007
resistance line : 2043 , 2055
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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