GOLD/ UPTREND VOLUME
Generally, the direction is uptrend
Gold prices edged higher on Friday and were set for a weekly gain, driven by reports of top consumer China resuming gold purchases, and heightened expectations of an interest rate reduction by the Federal Reserve at its Dec. 17-18 meeting.
Summary: The gold price is expected to rise from 2,664 to 2,701. A breakout above this level is necessary to pave the way for further gains toward 2,732.
Uptrend Side: by closing the 1H candle above 2,701, it will rise more until 2,732 and above it.
Downtrend Side: below 2664, the correction until around 2640 is available.
Tendency Keys: 2664
Gold prices edged higher on Friday and were set for a weekly gain, driven by reports of top consumer China resuming gold purchases, and heightened expectations of an interest rate reduction by the Federal Reserve at its Dec. 17-18 meeting.
Summary: The gold price is expected to rise from 2,664 to 2,701. A breakout above this level is necessary to pave the way for further gains toward 2,732.
Uptrend Side: by closing the 1H candle above 2,701, it will rise more until 2,732 and above it.
Downtrend Side: below 2664, the correction until around 2640 is available.
Tendency Keys: 2664
Trade active
Depending on my idea step-by-step
After touching the trend line, the price is currently attempting to rise and reach the 2,664 level.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.