GOLD (Consolidation, and still Bear pressure)
GOLD New Forecast
As previously forecasted, the price has declined and is nearing our targeted level.
Currently, the price is poised to consolidate within the range of 2327 and 2302 before any breakout occurs. Presently, there remains bearish pressure, and as long as trading continues below 2327, it is likely to reach 2302. It may experience interim fluctuations, potentially retracing to 2319 before initiating a further move.
Pivot Price: 2315
Resistance Levels: 2327, 2342, 3257
Support Levels: 2302, 2294, 2278
Today's anticipated trading range is between the support level at 2294 and the resistance level at 2333.
previous idea:
As previously forecasted, the price has declined and is nearing our targeted level.
Currently, the price is poised to consolidate within the range of 2327 and 2302 before any breakout occurs. Presently, there remains bearish pressure, and as long as trading continues below 2327, it is likely to reach 2302. It may experience interim fluctuations, potentially retracing to 2319 before initiating a further move.
Pivot Price: 2315
Resistance Levels: 2327, 2342, 3257
Support Levels: 2302, 2294, 2278
Today's anticipated trading range is between the support level at 2294 and the resistance level at 2333.
previous idea:
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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
