M_15 current scenario
Resistance is observed near $2,770, while immediate support lies around $2,705. Gold is currently trading below a critical support level, indicating potential bearish momentum.
Oscillators and moving averages on short-term charts (e.g., 1-hour and 4-hour) suggest mixed signals, with a slight tilt toward selling pressure
If gold breaks below $2,705, it could test the $2,675 level by the day's end.
A bounce above $2,705 may target resistance around $2,745–$2,770, depending on market momentum and U.S. dollar movements
Factors such as U.S. economic data releases and geopolitical developments might influence volatility during the day.
Disclaimer: I am not a financial advisor, and the information provided should not be taken as financial advice. Let me know if you'd like insights on specific trading strategies!
Oscillators and moving averages on short-term charts (e.g., 1-hour and 4-hour) suggest mixed signals, with a slight tilt toward selling pressure
If gold breaks below $2,705, it could test the $2,675 level by the day's end.
A bounce above $2,705 may target resistance around $2,745–$2,770, depending on market momentum and U.S. dollar movements
Factors such as U.S. economic data releases and geopolitical developments might influence volatility during the day.
Disclaimer: I am not a financial advisor, and the information provided should not be taken as financial advice. Let me know if you'd like insights on specific trading strategies!
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.