Technical Analysis
The price surged approximately 320 pip, as anticipated in our previous analysis. Today, maintaining stability above the All-Time High (ATH) is crucial to achieving further gains, with the next target at 21,360.
A confirmed 1-hour or 4-hour candle close above 21,215 would likely drive the price toward 21,360 and further to 21,500. Conversely, if the price stabilizes below 21,160 with a confirmed 1-hour or 4-hour candle close, a decline toward 21,075 and 20,990 is expected.
Key Levels:
Pivot Point: 21160
Resistance Levels: 21220, 21360, 21500
Support Levels: 21075, 20990, 20860
Trend Outlook
Bullish: Upon breaking and closing above 21,215.
Bearish: Upon breaking and stabilizing below 21,160.
PREVIOUS IDEA:
The price surged approximately 320 pip, as anticipated in our previous analysis. Today, maintaining stability above the All-Time High (ATH) is crucial to achieving further gains, with the next target at 21,360.
A confirmed 1-hour or 4-hour candle close above 21,215 would likely drive the price toward 21,360 and further to 21,500. Conversely, if the price stabilizes below 21,160 with a confirmed 1-hour or 4-hour candle close, a decline toward 21,075 and 20,990 is expected.
Key Levels:
Pivot Point: 21160
Resistance Levels: 21220, 21360, 21500
Support Levels: 21075, 20990, 20860
Trend Outlook
Bullish: Upon breaking and closing above 21,215.
Bearish: Upon breaking and stabilizing below 21,160.
PREVIOUS IDEA:
Trade attivo
As previously stated, the price increased by +170 pip, achieving a profit and reaching a new high of 21,334. It successfully surpassed the resistance level at 21,215 and continued to trade upward, approaching a new peak of 21,360.Trade chiuso: obiettivo raggiunto
Hit the full target
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.