GOLD/ SELL PRESSURE
Gold prices inched higher on Monday, supported by a softer dollar, while investors awaited a slew of U.S. economic data including the December nonfarm payrolls report for further guidance on the Federal Reserve’s interest rate stance.
Generally, the direction is a downtrend
Uptrend Side: For a bullish trend to be established, a breakout above the 2640–2664 zone must be confirmed by a daily candle closing above this level.
Downtrend Side: the bearish scenario will begin below 2640, However, before this decline, a corrective movement toward 2640 is expected. Following this correction, the price is anticipated to drop, initially reaching 2606. A break below 2606 would likely lead to a further decline toward 2566.
Tendency Keys: 2606
Generally, the direction is a downtrend
Uptrend Side: For a bullish trend to be established, a breakout above the 2640–2664 zone must be confirmed by a daily candle closing above this level.
Downtrend Side: the bearish scenario will begin below 2640, However, before this decline, a corrective movement toward 2640 is expected. Following this correction, the price is anticipated to drop, initially reaching 2606. A break below 2606 would likely lead to a further decline toward 2566.
Tendency Keys: 2606
Trade attivo
Currently, the gold price is preparing to start the decline toward 2603.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.