GOLD 1H : try to rise up
GOLD
New forecast
The price of gold has been fluctuating sideways in recent sessions, to support the chances of resuming the expected upward trend for the coming period, whose targets start at 1830 and extend to 1845 after exceeding the previous level.
Therefore, the upward trend scenario will remain valid and effective supported by strong support line that is formed before at the 1815 and 1802 level, keeping in mind that the breach of 1815 and stabilized under it will stop the expected rise and lead the price to attempt to build a bearish wave targeting initially visiting the 1802 level.
The expect range trading for today it will be between resistance line 1830 and support line 1815 until stabilized
Additionally ,Today News will affect the market .
support line : 1815 , 1802
resistance line : 1830 , 1840
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
New forecast
The price of gold has been fluctuating sideways in recent sessions, to support the chances of resuming the expected upward trend for the coming period, whose targets start at 1830 and extend to 1845 after exceeding the previous level.
Therefore, the upward trend scenario will remain valid and effective supported by strong support line that is formed before at the 1815 and 1802 level, keeping in mind that the breach of 1815 and stabilized under it will stop the expected rise and lead the price to attempt to build a bearish wave targeting initially visiting the 1802 level.
The expect range trading for today it will be between resistance line 1830 and support line 1815 until stabilized
Additionally ,Today News will affect the market .
support line : 1815 , 1802
resistance line : 1830 , 1840
Thank you for considering my analysis and perspective and If this post was useful to you , don't forget to subscribe and like ❤️
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