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Gold | Is it time for a downside move?
Gold Technical Analysis:
4-hour Timeframe:
The first range for a reversal and market turnaround in the 4-hour timeframe is almost the upper limit of the uptrend channel:
2244 - 2252
With targets:
2225 - 2212 - 2180
The above scenario is based on positive gap or market start with a positive trend and reaching numbers until tomorrow's close.
Sell signals and further analysis will be presented after the market opens.
4-hour Timeframe:
The first range for a reversal and market turnaround in the 4-hour timeframe is almost the upper limit of the uptrend channel:
2244 - 2252
With targets:
2225 - 2212 - 2180
The above scenario is based on positive gap or market start with a positive trend and reaching numbers until tomorrow's close.
Sell signals and further analysis will be presented after the market opens.
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