GOLD| BY THE SLOW MOVE TRADING TO UP
the price is currently stabilizing above the support level at 2934, which is providing upward momentum. As long as the price stays above this level, there is a strong likelihood it will continue its upward movement towards the next resistance at 2955. If the price successfully breaks this resistance level, it is expected to rise further, possibly reaching new highs, as indicated by the target zones above.
However, if the price drops below 2934, it would signal a potential shift, causing the price to move between this level and 2908. This range-bound movement would suggest a lack of clear directional momentum, with the price caught in a consolidation phase. The overall structure indicates that holding above the support zone at 2934 remains crucial for bullish continuation, while any breakdown below this level would point to further consolidation or a bearish reversal.
Tendency Keys: 2935
Resistance Line: 2955, 2975
Support Line: 2935, 2908, 2880
However, if the price drops below 2934, it would signal a potential shift, causing the price to move between this level and 2908. This range-bound movement would suggest a lack of clear directional momentum, with the price caught in a consolidation phase. The overall structure indicates that holding above the support zone at 2934 remains crucial for bullish continuation, while any breakdown below this level would point to further consolidation or a bearish reversal.
Tendency Keys: 2935
Resistance Line: 2955, 2975
Support Line: 2935, 2908, 2880
about 4 Analysis per day.
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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
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.
about 4 Analysis per day.
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
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
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.