Emas Semerta / Dolar A.S.
Panjang

#GOLD ON THE RISE? โŸถ WATCH THESE TWO SCENARIOS!!

414
Gold Analysis Summary #Gold
1-Hour Time-Frame โฐ๐Ÿ“Š

Given that over the past two weeks, several opportunities for a significant drop have been missed, and #Gold is still trading above its monthly support (October) at 2597.415 ๐Ÿ›ก๏ธ, we view any drop as temporary and expect the bull-trend to continue, aiming for higher highs ๐Ÿ“ˆ.

Two scenarios for growth:

Scenario 1: Growth from this point without interruption
If the resistance at 2652.693 is broken in the 4-hour time-frame ๐Ÿš€๐Ÿ“Š.

Scenario 2: Temporary drop, then growth
Until Scenario 1 is confirmed, this scenario remains likely. In this case, we might first see a drop to the support zones at 2619.747 or 2580.943-2597.415, after which the drop would end, and the bull-trend would resume ๐Ÿ“‰โžก๏ธ๐Ÿ“ˆ.
Note: The second support zone has a higher probability of forming a bottom for #Gold compared to the first support zone ๐Ÿ›ก๏ธ2๏ธโƒฃโฌ†๏ธ๐Ÿ›ก๏ธ1๏ธโƒฃ.

Growth targets if either scenario is confirmed:
๐ŸŽฏ Target 1: 2691.497
๐ŸŽฏ Target 2: 2722.915
๐ŸŽฏ Target 3: 2811.140

Stop-loss for the overall growth scenario:
If support at 2597.415 is broken in the daily time-frame, the trend for #Gold will shift from bullish to bearish โŒ๐Ÿ“‰.
............................

Gold Analysis Summary #Gold
15-Minute Time Frame โฐ๐Ÿ“‰

Scenario 1, which is growth from here, based on the break of resistance at 2652.693 in the 4-hour time-frame, remains valid ๐Ÿ“ˆ๐Ÿš€.

However, if #Gold is going to have another drop before continuing the bull-trend, then before breaking the 2652.693 resistance, the bullish channel shown in the chart and the daily support at 2641.840 in the 15-minute time-frame must be broken ๐Ÿ›‘๐Ÿ“Š.

Support levels (temporary drop targets) have been bull-dated from the previous analysis based on daily drop targets:
๐Ÿ›ก First support: 2617.630 - 2619.747
๐Ÿ›ก Second support: 2597.415 - 2600.570
๐Ÿ›ก Third support: 2580.943

Note: The second support has a higher likelihood of forming a bottom for #Gold compared to the other two ๐Ÿ›ก2๏ธโƒฃโฌ†๏ธ๐Ÿ›ก1๏ธโƒฃ.
syot kilat

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.