Bearish Momentum Holds Below 2738; Bullish Breakout Above 2739
GOLD
As long as the price remains below 2,738, a bearish trend is favored, potentially reaching 2,719 and 2,712, with an extension to 2,695 if downward momentum persists.
However, a 4-hour or 1-hour candle close above 2,739 would signal a bullish shift, targeting 2,748 and 2,758, with a further breakout required to advance toward 2,775.
Key Levels:
Pivot Point: 2738
Resistance Levels: 2748, 2758, 2775
Support Levels: 2719, 2709, 2695
Trend Outlook:
Bearish while under 2738
Above 2739: Uptrend
As long as the price remains below 2,738, a bearish trend is favored, potentially reaching 2,719 and 2,712, with an extension to 2,695 if downward momentum persists.
However, a 4-hour or 1-hour candle close above 2,739 would signal a bullish shift, targeting 2,748 and 2,758, with a further breakout required to advance toward 2,775.
Key Levels:
Pivot Point: 2738
Resistance Levels: 2748, 2758, 2775
Support Levels: 2719, 2709, 2695
Trend Outlook:
Bearish while under 2738
Above 2739: Uptrend
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
Urgent News ⚡️:
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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
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
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