GOLD 4H : will rise up again ?? let see
Updated
GOLD
New forecast
The price perfectly fulfills my last idea and price reached to our targets +200 pip.
The price of gold is fluctuating near the pivotal support for 2017, noting that the indicators are getting rid of its negative momentum to reach oversold areas, waiting to stimulate the price to resume the expected upward trend for the coming period, which targets the areas of 2031 and 2043 and extends to 2055 again as the next main stations.
Therefore the upward scenario will be more likely during coming period , Breaking 2031 level will enhance expectations of a rise after getting rid of the intraday negative pressure that has been controlling the price recently, taking into account that breaking 2007 will stop the upward trend and force the price to make a further downward correction.
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
support line : 2017 , 2007
resistance line : 2043 , 2055
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price perfectly fulfills my last idea and price reached to our targets +200 pip.
The price of gold is fluctuating near the pivotal support for 2017, noting that the indicators are getting rid of its negative momentum to reach oversold areas, waiting to stimulate the price to resume the expected upward trend for the coming period, which targets the areas of 2031 and 2043 and extends to 2055 again as the next main stations.
Therefore the upward scenario will be more likely during coming period , Breaking 2031 level will enhance expectations of a rise after getting rid of the intraday negative pressure that has been controlling the price recently, taking into account that breaking 2007 will stop the upward trend and force the price to make a further downward correction.
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
support line : 2017 , 2007
resistance line : 2043 , 2055
Attention : We don't have any group in telegram be careful about scammer.
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
Trade closed manually
GOLD Close it with profit +70 pip .
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