GOLD/ Bullish correction to 2612
GOLD
Technical Analysis
The price will touch 2612 to do the bullish correction and then should break 2612 by closing 4h candle above it to be a bullish trend till 2625
Bearish Scenario:
The price may retest the resistance levels at 2612 before resuming its decline. A drop is expected towards 2588, and if this level is breached, the downward momentum could extend to 2558.
Bullish Scenario:
To confirm a bullish reversal, the price must decisively break above 2612. This breakout could pave the way for an upward move targeting 2625.
Key Levels:
Pivot Point: 2588
Support Levels: 2612, 2625, 2644
Resistance Levels: 2576, 2558, 2526
Trend Outlook:
- Bearish by stability below 2588 and 2558
- Bullish Correction till 2612
Technical Analysis
The price will touch 2612 to do the bullish correction and then should break 2612 by closing 4h candle above it to be a bullish trend till 2625
Bearish Scenario:
The price may retest the resistance levels at 2612 before resuming its decline. A drop is expected towards 2588, and if this level is breached, the downward momentum could extend to 2558.
Bullish Scenario:
To confirm a bullish reversal, the price must decisively break above 2612. This breakout could pave the way for an upward move targeting 2625.
Key Levels:
Pivot Point: 2588
Support Levels: 2612, 2625, 2644
Resistance Levels: 2576, 2558, 2526
Trend Outlook:
- Bearish by stability below 2588 and 2558
- Bullish Correction till 2612
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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
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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
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.