Technical Analysis:
The price has declined by approximately 1.75%, as previously indicated.
Currently, it is approaching 20,705. A confirmed 1-hour candle close below this level is required to sustain the bearish trend toward 20,550.
Alternatively, breaking above 20,860 could shift the momentum to bullish, targeting 21,070.
Key Levels:
Pivot Point: 20780
Resistance Levels: 20860, 20980, 21170
Support Levels: 20670, 20550, 20330
Trend Outlook:
Bearish below 20780 and 20700
previous idea:

The price has declined by approximately 1.75%, as previously indicated.
Currently, it is approaching 20,705. A confirmed 1-hour candle close below this level is required to sustain the bearish trend toward 20,550.
Alternatively, breaking above 20,860 could shift the momentum to bullish, targeting 21,070.
Key Levels:
Pivot Point: 20780
Resistance Levels: 20860, 20980, 21170
Support Levels: 20670, 20550, 20330
Trend Outlook:
Bearish below 20780 and 20700
previous idea:

Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.