NEW IDEA FOR GOLD
#GOLD
Increasing geopolitical tensions could lead to an increase in gold
By examining the trend in the one-hour timeframe, gold has an important support range in the range of 2663-2633, and now, given the rate being above the bullish Kumo cloud of the Ichimoku indicator, there is a possibility of an increase in price.
Overall, this scenario is strengthened that the rate can increase to the resistance of the upper range of the Bollinger Band indicator in the range of $ 2822, provided that it maintains and does not record any one-hour candlestick close below the important support range in the range of 2663-2633.
Increasing geopolitical tensions could lead to an increase in gold
By examining the trend in the one-hour timeframe, gold has an important support range in the range of 2663-2633, and now, given the rate being above the bullish Kumo cloud of the Ichimoku indicator, there is a possibility of an increase in price.
Overall, this scenario is strengthened that the rate can increase to the resistance of the upper range of the Bollinger Band indicator in the range of $ 2822, provided that it maintains and does not record any one-hour candlestick close below the important support range in the range of 2663-2633.
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