Gold
The price is anticipated to experience bullish pressure due to the expected results from the ADP and ISM reports.
As long as the price remains above 2327 and 2320, it indicates a bullish zone, aiming for 2344 and 2357 as initial bullish targets.
Bullish Scenario: If the price continues to trade above 2327, it suggests a bullish trend, potentially reaching 2357 and 2369.
Bearish Scenario: For a bearish outlook, the price must break the support zone between 2327 and 2320, targeting 2310 and 2303.
Pivot line: 2327
Resistance line: 2344, 2357, 2369
Support line: 2320, 2303, 2278
Today’s movement range will be between support 2320 and resistance 2369
The price is anticipated to experience bullish pressure due to the expected results from the ADP and ISM reports.
As long as the price remains above 2327 and 2320, it indicates a bullish zone, aiming for 2344 and 2357 as initial bullish targets.
Bullish Scenario: If the price continues to trade above 2327, it suggests a bullish trend, potentially reaching 2357 and 2369.
Bearish Scenario: For a bearish outlook, the price must break the support zone between 2327 and 2320, targeting 2310 and 2303.
Pivot line: 2327
Resistance line: 2344, 2357, 2369
Support line: 2320, 2303, 2278
Today’s movement range will be between support 2320 and resistance 2369
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
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.