GOLD - BEARISH PRESSURE AHEAD....
Generally, the direction is a downtrend
Uptrend Side: The price stabilized above 2685, thus the direction will fall to touch this level and then will rise to touch 2701, and crossing this level will touch 2714, confirming an uptrend will start above 2714 by closing the 4H candle.
Downtrend Side: The prevailing downtrend suggests that the price may experience a corrective rise to 2701, potentially extending to 2714. Subsequently, or a short correction, the bearish trend is expected to resume, targeting a break below 2685 with further declines toward 2670 and 2652.
Tendency Keys: 2685
Uptrend Side: The price stabilized above 2685, thus the direction will fall to touch this level and then will rise to touch 2701, and crossing this level will touch 2714, confirming an uptrend will start above 2714 by closing the 4H candle.
Downtrend Side: The prevailing downtrend suggests that the price may experience a corrective rise to 2701, potentially extending to 2714. Subsequently, or a short correction, the bearish trend is expected to resume, targeting a break below 2685 with further declines toward 2670 and 2652.
Tendency Keys: 2685
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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
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