Gold prices inched higher on Monday, supported by a weaker dollar and safe-haven flows amid fears of a global trade conflict, while investors awaited further signals to gauge the U.S. Federal Reserve’s interest rate stance.
The price has declined from approximately 2,922. For today, we anticipate that the price will attempt to break and stabilize below 2,895. A successful break below this level could lead to a further decline, with the price potentially reaching 2,844.
On the other hand, a bullish trend is expected to commence if the price moves above 2,922.
Tendency Keys: 2922
Resistance Line: 2922, 2938, 2955.
Support Line: 2895, 2880, 2844
Your feedback is valuable! If you agree or see something different, comment below—let’s exchange ideas!
The price has declined from approximately 2,922. For today, we anticipate that the price will attempt to break and stabilize below 2,895. A successful break below this level could lead to a further decline, with the price potentially reaching 2,844.
On the other hand, a bullish trend is expected to commence if the price moves above 2,922.
Tendency Keys: 2922
Resistance Line: 2922, 2938, 2955.
Support Line: 2895, 2880, 2844
Your feedback is valuable! If you agree or see something different, comment below—let’s exchange ideas!
Trade active
As we mentioned, the price of gold has fallen. broken the support of 2895 and traded below it also touched the 2880, should break the 2880 to fall more.
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
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.