Gold Reversal Levels Using bolingerband
As long as Gold remains in an unfamiliar zone, we cannot accurately predict its retracement levels. Therefore, we rely on the traditional bolingerband.
As shown on the chart, we anticipate Gold's levels where we might witness reversals or retracements, namely 2285, 2290, and 2398.
These levels are expected to be reached soon. Currently, we do not recommend any selling. The market is predominantly bullish across all time frames and geopolitical situations.
Selling opportunities may arise at higher levels, as indicated.
As shown on the chart, we anticipate Gold's levels where we might witness reversals or retracements, namely 2285, 2290, and 2398.
These levels are expected to be reached soon. Currently, we do not recommend any selling. The market is predominantly bullish across all time frames and geopolitical situations.
Selling opportunities may arise at higher levels, as indicated.
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