GOLD 4H (OUT LOOK)
GOLD
OUT LOOK
Fundamental analysis
Resolving the debt crisis is one of the most important expected and complex issues that may make the market more tense than in the past. Gold is the safest asset in cases of uncertainty and procrastination to solve this crisis may increase the state of uncertainty, and then gold may flare up again because of these tensions within the US between the White House And Congress (yes), an agreement was reached, but it was not voted on or even signed,
Keep an eye on US jobs and the House vote on measures to avoid default in the US for clear gold price trends.
Technical analysis of gold prices
The price of gold show some bullish tendency after stabilized above important level 1954 and considered that level is important for GOLD
Currently , consolidation above 1953 is important for gold to be continue at the bullish attempts and positive attack to consolidation above 1963 and then it will support the price to reach the suggested targets 1972 , 1988 and 1998
as for renewing bearish attempts , consolidation under 1953 it will forcing the price to lose more and more points to reach 1933 and under that 1925 , 1913
the expect trading range for today is between the support line 1953 and resistance line 1963 until breach one of them
support line : 1953, 1934 , 1925
resistance line : 1963 , 1972 , 1988
Today news will affect the market directly
Also be careful about randomly movement
OUT LOOK
Fundamental analysis
Resolving the debt crisis is one of the most important expected and complex issues that may make the market more tense than in the past. Gold is the safest asset in cases of uncertainty and procrastination to solve this crisis may increase the state of uncertainty, and then gold may flare up again because of these tensions within the US between the White House And Congress (yes), an agreement was reached, but it was not voted on or even signed,
Keep an eye on US jobs and the House vote on measures to avoid default in the US for clear gold price trends.
Technical analysis of gold prices
The price of gold show some bullish tendency after stabilized above important level 1954 and considered that level is important for GOLD
Currently , consolidation above 1953 is important for gold to be continue at the bullish attempts and positive attack to consolidation above 1963 and then it will support the price to reach the suggested targets 1972 , 1988 and 1998
as for renewing bearish attempts , consolidation under 1953 it will forcing the price to lose more and more points to reach 1933 and under that 1925 , 1913
the expect trading range for today is between the support line 1953 and resistance line 1963 until breach one of them
support line : 1953, 1934 , 1925
resistance line : 1963 , 1972 , 1988
Today news will affect the market directly
Also be careful about randomly movement
about 4 Analysis per day.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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