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GOLD / Testing Resistance and Stabilizing in Bearish Trend
Gold Technical Analysis
The price has dropped from its resistance level at $2,665 and is now attempting to stabilize within a bearish trend, potentially targeting $2,636. A move below $2,636 would likely extend the decline toward $2,623.
Conversely, a break above $2,665 would signal a shift to a bullish trend, with potential targets at $2,678 and higher.
Key Levels
Pivot Point: 2653
Resistance Levels: 2665, 2678, 2690
Support Levels: 2636, 2623, 2603
Trend Outlook
Bullish Trend: Above $2,665
Bearish Trend: While Below $2,653
The price has dropped from its resistance level at $2,665 and is now attempting to stabilize within a bearish trend, potentially targeting $2,636. A move below $2,636 would likely extend the decline toward $2,623.
Conversely, a break above $2,665 would signal a shift to a bullish trend, with potential targets at $2,678 and higher.
Key Levels
Pivot Point: 2653
Resistance Levels: 2665, 2678, 2690
Support Levels: 2636, 2623, 2603
Trend Outlook
Bullish Trend: Above $2,665
Bearish Trend: While Below $2,653
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~6 analyses per day. With a clear entry point
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SM World and Economy News 24/7
Urgent News ⚡️:
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my free signals channel telegram
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
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
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.