GOLD (Bullish continuation above Pivot Line)

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Technical Analysis: Gold

The price pushed up and reached our target we mentioned which is 2387, and then dropped.

Current Outlook:
The trend should stabilize above 2358 to be a bullish trend toward 2365, but stabilized under 2356.6 means will touch 2342

Bullish Scenario:
As long as the price trades above 2356, it is likely to maintain a bullish trend towards 2364. A break above 2378 could extend the bullish trend to 2392.

Bearish Scenario:
A 4-hour or 1-hour candle closing below 2356 would indicate a downtrend, with the price expected to trade in the bearish zone between 2343 and 2337

Key Levels:
- Pivot Line: 2358
- Resistance Levels: 2365, 2378, 2397
- Support Levels: 2342, 2320, 2311

Today's Expected Range:
The price is anticipated to move between the support at 2342 and the resistance at 2379, with a bullish tendency.

previous idea:
GOLD (Got it 2357 and still continue)
Nota
The price reached our target we mentioned whic is 2365, and still running at the bullish trend toward the next target we mentioned above
GoldSupply and DemandSupport and ResistanceTrend AnalysisUSDXAUXAUUSD

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