#GOLD ⟶ IS EXPECTED TO CONTINUE ITS BULL-TREND!!
🏅#GOLD / ⏱Daily Timeframe
‼️Given the current position within an bullish channel and above the monthly support (2466.520):
🎯#GOLD could continue its growth towards the following targets:
🚀Target 1: 2523.800
🚀🚀Target 2: 2568.650
🚀🚀🚀Target 3: 2634.000
❌The stop-loss for this bullish scenario is a breakout below the support at 2634.000 and the bottom of the daily bullish channel.
🔄In this case, the trend would shift from bullish to bearish.
.............................
🏅#GOLD / ⏱1-HOUR TIMEFRAME
👉To determine whether #GOLD will rise from this point or fall further to test the second support level before rising, we need to analyze the 1-hour timeframe:
✅If the RESISTANCE level of 2508.733 is broken FIRST, then the price will RISE from this point.
✅However, if the SUPPORT level of 2490.105 is broken FIRST, the price will FALL to the specified support zone (2466.520-2473.260) before potentially reversing and starting to RISE
‼️Given the current position within an bullish channel and above the monthly support (2466.520):
🎯#GOLD could continue its growth towards the following targets:
🚀Target 1: 2523.800
🚀🚀Target 2: 2568.650
🚀🚀🚀Target 3: 2634.000
❌The stop-loss for this bullish scenario is a breakout below the support at 2634.000 and the bottom of the daily bullish channel.
🔄In this case, the trend would shift from bullish to bearish.
.............................
🏅#GOLD / ⏱1-HOUR TIMEFRAME
👉To determine whether #GOLD will rise from this point or fall further to test the second support level before rising, we need to analyze the 1-hour timeframe:
✅If the RESISTANCE level of 2508.733 is broken FIRST, then the price will RISE from this point.
✅However, if the SUPPORT level of 2490.105 is broken FIRST, the price will FALL to the specified support zone (2466.520-2473.260) before potentially reversing and starting to RISE
Note
OMG🙆♂️🤯
👀Did you see what happened with #GOLD⁉️
🤌It's exactly as I predicted🤩
✅The decline halted at the support level I mentioned, and for now, it has reached the first target🔥🎯
😍So glad you could benefit from this accurate plan✌️
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