GOLD / Consolidation and Breakout Levels Movement
Gold Technical Analysis
The price has dropped and stabilized within the bearish trend. Today, it is likely to attempt to reach 2665. A confirmed 4-hour candle close below this level could lead to a decline toward 2653. Alternatively, stability above 2665 may push the price toward 2678.
Gold is expected to consolidate between 2665 and 2678 until a breakout occurs.
A breakout above 2678 will signal a bullish trend toward 2692.
A breakout below 2665 will indicate a bearish trend targeting 2653 and 2625.
Above 2678 will be bullish to 2692, and Below 2665 will touch 2653 and 2625
Key Levels:
Pivot Point: 2678
Resistance Levels: 2691, 2706, 2720
Support Levels: 2665, 2653, 2625
Trend Outlook: Bearish Volatile
The price has dropped and stabilized within the bearish trend. Today, it is likely to attempt to reach 2665. A confirmed 4-hour candle close below this level could lead to a decline toward 2653. Alternatively, stability above 2665 may push the price toward 2678.
Gold is expected to consolidate between 2665 and 2678 until a breakout occurs.
A breakout above 2678 will signal a bullish trend toward 2692.
A breakout below 2665 will indicate a bearish trend targeting 2653 and 2625.
Above 2678 will be bullish to 2692, and Below 2665 will touch 2653 and 2625
Key Levels:
Pivot Point: 2678
Resistance Levels: 2691, 2706, 2720
Support Levels: 2665, 2653, 2625
Trend Outlook: Bearish Volatile
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
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t.me/SM_News_24h
t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
منشورات ذات صلة
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.