GOLD - SELL Pressure
prices eased on Monday, weighed down by a former U.S. dollar, while investors looked out for fresh clues on Federal Reserve interest rate cuts.
Generally, the direction is uptrend
Uptrend Side: The price needs to reverse and stabilize above 2625 by closing a 1-hour candle. Following this, it is expected to reach the resistance level at 2661.
Downtrend Side: The price has stabilized below 2650, indicating a potential decline towards 2638. A break below this level could lead to further movement downwards, potentially reaching 2625.
Tendency Keys: 2651
Generally, the direction is uptrend
Uptrend Side: The price needs to reverse and stabilize above 2625 by closing a 1-hour candle. Following this, it is expected to reach the resistance level at 2661.
Downtrend Side: The price has stabilized below 2650, indicating a potential decline towards 2638. A break below this level could lead to further movement downwards, potentially reaching 2625.
Tendency Keys: 2651
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.