GOLD 4H : Uptrend
GOLD
New forecast
The price of gold rose yesterday and is quietly creeping upward and continues to try to return to the ascending channel, so that the bullish trend scenario remains valid for today, and the price needs to obtain positive momentum that contributes to continuing the rise and achieving our next positive target, which is located at 2055, and by breaking it, it will reach 2089.
Therefore the upward scenario will be remain valid and effective during coming period where the moving average began to support the price to rise up ,Consistency above 2017 is important for the continuation of the upward trend, as breaking it will put the price under corrective downward pressure again.
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market .
support line : 2017 , 2007
resistance line : 2055 , 2089
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 of gold rose yesterday and is quietly creeping upward and continues to try to return to the ascending channel, so that the bullish trend scenario remains valid for today, and the price needs to obtain positive momentum that contributes to continuing the rise and achieving our next positive target, which is located at 2055, and by breaking it, it will reach 2089.
Therefore the upward scenario will be remain valid and effective during coming period where the moving average began to support the price to rise up ,Consistency above 2017 is important for the continuation of the upward trend, as breaking it will put the price under corrective downward pressure again.
The expect range trading for today it will be between resistance line 2055 and support line 2017 until stabilized .
Additionally ,Today News will affect on the market .
support line : 2017 , 2007
resistance line : 2055 , 2089
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 ❤️
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