GOLD Technical Analysis
GOLD has dropped about $70 as highlighted in the previous analysis.
The price remains under bearish pressure as long as it trades below 2558, aiming to reach 2526. If it falls below 2526, it may further decline to 2500.
For a bullish reversal, GOLD needs to break above 2558. This could lead to targets at 2576 and 2588. However, if the price cannot stabilize above 2588, a decline is likely.
Key Levels:
Pivot Point: 2558
Support Levels: 2526, 2516, 2500
Resistance Levels: 2576, 2588, 2606
Trend Outlook:
Bearish while below 2558
Bullish until 2588 if it breaks above 2588
previous idea:
GOLD has dropped about $70 as highlighted in the previous analysis.
The price remains under bearish pressure as long as it trades below 2558, aiming to reach 2526. If it falls below 2526, it may further decline to 2500.
For a bullish reversal, GOLD needs to break above 2558. This could lead to targets at 2576 and 2588. However, if the price cannot stabilize above 2588, a decline is likely.
Key Levels:
Pivot Point: 2558
Support Levels: 2526, 2516, 2500
Resistance Levels: 2576, 2588, 2606
Trend Outlook:
Bearish while below 2558
Bullish until 2588 if it breaks above 2588
previous idea:
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Publications connexes
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.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Publications connexes
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.