Emas Semerta / Dolar A.S.Singkat
GOLD - BEARISH ahead
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Gold prices edged lower on Tuesday, pressured by a stronger dollar, while market participants awaited minutes of the Federal Reserve’s last meeting and economic data for further cues on U.S. interest rate path.
Generally, the direction is uptrend
Uptrend Side: The price is trading above 2,638, indicating a potential move to reach 2,650 or its possibility to 2,670 before likely reversing to below.
Downtrend Side: The price is exhibiting a bearish trend; however, it will first make a corrective move upward before falling below 2,638. A break below this level, confirmed by the close of a 4-hour candle, will likely lead to targets of 2,625 and 2,605.
Tendency Keys: 2638
Generally, the direction is uptrend
Uptrend Side: The price is trading above 2,638, indicating a potential move to reach 2,650 or its possibility to 2,670 before likely reversing to below.
Downtrend Side: The price is exhibiting a bearish trend; however, it will first make a corrective move upward before falling below 2,638. A break below this level, confirmed by the close of a 4-hour candle, will likely lead to targets of 2,625 and 2,605.
Tendency Keys: 2638
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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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