SroshMayi

GOLD - Weekly outlook (downtrend)

Short
TVC:GOLD   CFD sur Or (US$/OZ)
GOLD Weekly forecast


Gold recorded a new peak in history which is 2146, and was rejected easily
So, for this week we have strong resistance in 2007 because stabilized under it now the route toward reaching 1985 and 1961
and a strong support zone in 1961,

the scenario is a Downtrend to reaching 1961 for the next week by stabilizing under 2007

Be careful stabilizing above 2020 by closing the 4h candles, which will make a new bullish zone to reach 2050

Pivot Price: 2007
Resistance Price: 2020 & 2037 & 2050
Support price: 1985 & 1961 & 1933

The movement range will be between 2020 and 1961

my free signals channel telegram

t.me/Srosh_signals

~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%

SM World and Economy News 24/7
Urgent News ⚡️:

t.me/SM_News_24h
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.