GOLD 4H (Reversed at the support line 1932)

GOLD forecast

The price reached their support line which was 1932 and reversed

So, in generally, stability above 1950 will support bullish to reach the next resistance at 1963
But as long as the price trades under 1950 will remain bearish trend to reach 1932

The downtrend activation will start when the GOLD locate under 1932 and the support will be 1915

Pivot Price: 1950
Resistance Price: 1963 & 1976 & 1986
Support price: 1932 & 1915 & 1886

The movement range will be between 1963 and 1932

Yorum:

the price pushed up as we mentioned and will continue to the uptrend till 1963 and above it will get a next station 1976

Yorum:

as we mentioned will continue to reach 1976 and already reached 1970

so above 1976 will be a new bullish trend