GOLD (DROPPED AND STILL CONSOLIDATE) toward bearish!!
GOLD Price reached the support line we mentioned previously which is 2397 and is now trading under it.
For Today, the price will consolidate between 2397 and 2378 till breaking, in the first will try to touch 2397, and then as long as trades under it means the bearish trend
Bullish Scenario:
the price will try to touch 2397 and then should break that to be a bullish trend till 2412 and 2420
Bearish Scenario:
The price should stabilize under 2397 and 2386 to get 2356 and 2342, by stabilizing under 2378
Key Levels:
- Pivot Line: 2387
- Resistance Levels: 2397, 2412, 2420
- Support Levels: 2378, 2357, 2342
Today's Expected Range:
The price is anticipated to fluctuate between the support at 2356 and the resistance at 2412
previous idea:
For Today, the price will consolidate between 2397 and 2378 till breaking, in the first will try to touch 2397, and then as long as trades under it means the bearish trend
Bullish Scenario:
the price will try to touch 2397 and then should break that to be a bullish trend till 2412 and 2420
Bearish Scenario:
The price should stabilize under 2397 and 2386 to get 2356 and 2342, by stabilizing under 2378
Key Levels:
- Pivot Line: 2387
- Resistance Levels: 2397, 2412, 2420
- Support Levels: 2378, 2357, 2342
Today's Expected Range:
The price is anticipated to fluctuate between the support at 2356 and the resistance at 2412
previous idea:
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~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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