GOLD price is waiting for a confirmation signal
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GOLD 4H NEW FORECAST
The price of gold continues to fluctuate between the trend keys, which are the support at 2146 and the resistance that now drops to 2160, which keeps our neutral position in place until now, as the price faces a conflict between the technical factors that make us need to get a clearer signal for the next direction, which we will get by crossing one of the... The levels mentioned.
We remind you that breaching the resistance will lead the price to resume the main upward trend and target the 2200.00 areas as the next main station, while breaking the support represents the key to starting a downward correction, whose next target is at 2131.
The expected trading range for today is between support 2146 and resistance 2177
GOLD 4H NEW FORECAST
The price of gold continues to fluctuate between the trend keys, which are the support at 2146 and the resistance that now drops to 2160, which keeps our neutral position in place until now, as the price faces a conflict between the technical factors that make us need to get a clearer signal for the next direction, which we will get by crossing one of the... The levels mentioned.
We remind you that breaching the resistance will lead the price to resume the main upward trend and target the 2200.00 areas as the next main station, while breaking the support represents the key to starting a downward correction, whose next target is at 2131.
The expected trading range for today is between support 2146 and resistance 2177
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