GOLD - It Looks Like The SHORT-TERM SCENARIO is BEGINNING
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Generally, the direction is an uptrend, and the sensitive movement is ahead due to the U.S. election.
Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.
Downtrend Side: The price has stabilized below 2,733, suggesting a potential decline today. Our initial target is the support level at 2,714. A breach below this level could lead to further declines toward 2,701 and 2,684. However, a confirmed bearish trend would commence only if the price fell below 2,670.
Uptrend Side: We are observing an uptrend towards 2733 as a correction, but a break above this level could lead to further gains, potentially reaching 2757.
Tendency Keys: 2714
Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.
Downtrend Side: The price has stabilized below 2,733, suggesting a potential decline today. Our initial target is the support level at 2,714. A breach below this level could lead to further declines toward 2,701 and 2,684. However, a confirmed bearish trend would commence only if the price fell below 2,670.
Uptrend Side: We are observing an uptrend towards 2733 as a correction, but a break above this level could lead to further gains, potentially reaching 2757.
Tendency Keys: 2714
Trade fermée: cible de profit atteinte
the price reached full target +380 pip
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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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