GOLD 4H / Bearish correction outlook before FED Rate

Gold Technical Analysis - 16 Sep. 2024
Gold Rises on Softer U.S. Dollar, U.S. Rate-Cut Expectations
GOLD recorded a new peak at 2589 and stabilized at a new bullish zone while above 2527 for the long term.
Now the price should break 2578 to be a downtrend toward 2570 and 2553, but stabilizing above 2580 it will be sensitive to touch 2599 before dropping, we expect a bearish trend till the Fed rate Day,
Key Levels:
- Pivot Point: 2580
- Resistance: 2590, 2600, 2625
- Support: 2570, 2554, 2543
Trend:
- Consolidation: 2570 - 2600
- Bullish: Above 2580
- Bearish: Below 2578
Gold Rises on Softer U.S. Dollar, U.S. Rate-Cut Expectations
GOLD recorded a new peak at 2589 and stabilized at a new bullish zone while above 2527 for the long term.
Now the price should break 2578 to be a downtrend toward 2570 and 2553, but stabilizing above 2580 it will be sensitive to touch 2599 before dropping, we expect a bearish trend till the Fed rate Day,
Key Levels:
- Pivot Point: 2580
- Resistance: 2590, 2600, 2625
- Support: 2570, 2554, 2543
Trend:
- Consolidation: 2570 - 2600
- Bullish: Above 2580
- Bearish: Below 2578
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
~6 analyses per day. With a clear Entry, Target, and stop-out Point
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
more than 2000 pip per week → Accuracy +90%
~4 signals per day More than 1000 pip Per Wekk → Accuracy +88%
SM News ⚡️:
t.me/SM_News_24h
sroshmayi.com
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.