GOLD|Important areas of supply and demand
Hello friends, I hope you are well.
We have the gold chart in the one-hour time frame.
Yesterday we said that we will wait if the support zone is broken down, the next target is the zone (2005-2008).
Now in this area, with the formation of candlestick patterns, it has moved upwards.
The areas that are important for us are the bottom of the previous broken area (2013) and the next area of the origin of the downward aggressive movement, i.e. the price range (2024-2028) for sell positions.
If we lose the support area (2008-2005), our next target is the support area (1990-1995).
We have the gold chart in the one-hour time frame.
Yesterday we said that we will wait if the support zone is broken down, the next target is the zone (2005-2008).
Now in this area, with the formation of candlestick patterns, it has moved upwards.
The areas that are important for us are the bottom of the previous broken area (2013) and the next area of the origin of the downward aggressive movement, i.e. the price range (2024-2028) for sell positions.
If we lose the support area (2008-2005), our next target is the support area (1990-1995).
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