GOLD 4H : Above 1863 will support to rise
GOLD
New forecast
The price of gold is trading positively, gradually approaching the expected areas at 1863, and obtaining positive support from the 1853 area, which supports the chances of continuing the rise to exceed the mentioned level and achieve additional gains that may reach 1873 and 1894.
Therefore, we will continue to favor the upward trend in the immediate term, keeping in mind that breaking the levels of 1847 and then 1835 will stop the expected rise and put pressure on the price to turn lower. the main condition to be continue at the bullish trend is stabilized above 1863 and then our target will be activate .
The expect range trading for today it will be between resistance line 1863 and support line 1847 until stabilized
support line : 1847 , 1835
resistance line : 1863 , 1873
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 of gold is trading positively, gradually approaching the expected areas at 1863, and obtaining positive support from the 1853 area, which supports the chances of continuing the rise to exceed the mentioned level and achieve additional gains that may reach 1873 and 1894.
Therefore, we will continue to favor the upward trend in the immediate term, keeping in mind that breaking the levels of 1847 and then 1835 will stop the expected rise and put pressure on the price to turn lower. the main condition to be continue at the bullish trend is stabilized above 1863 and then our target will be activate .
The expect range trading for today it will be between resistance line 1863 and support line 1847 until stabilized
support line : 1847 , 1835
resistance line : 1863 , 1873
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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