GOLD / Bearish Outlook Confirmed with Break Below 2638
Technical Analysis:
The price is expected to consolidate between 2638 and 2648 today until a breakout occurs.
A sustained move below 2638 could trigger a decline towards 2624, with a further drop likely if 2624 is breached, targeting 2615 and eventually 2605.
Alternatively, if the price stabilizes above 2638, it may signal a shift towards a bullish trend, with the bullish momentum gaining strength upon a break and closing above 2648.
Key Levels:
Pivot Point: 2638
Resistance Levels: 2648, 2661, 2670
Support Levels: 2624, 2615, 2587
Trend:
Bearish by stabilizing under 2638
Bullish: Upon breaking 2648
previous idea:
The price is expected to consolidate between 2638 and 2648 today until a breakout occurs.
A sustained move below 2638 could trigger a decline towards 2624, with a further drop likely if 2624 is breached, targeting 2615 and eventually 2605.
Alternatively, if the price stabilizes above 2638, it may signal a shift towards a bullish trend, with the bullish momentum gaining strength upon a break and closing above 2648.
Key Levels:
Pivot Point: 2638
Resistance Levels: 2648, 2661, 2670
Support Levels: 2624, 2615, 2587
Trend:
Bearish by stabilizing under 2638
Bullish: Upon breaking 2648
previous idea:
İşlem kapandı: hedefe ulaştı
GOLD
Update - Active
The price dropped as we mentioned reached 2624 exactly and reversed.
So now still we have a bearish trend from 2638 to get 2624 and more if can broke it.
Should break 2638 and 2645 to be bullish trend
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İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
my free signals channel telegram
t.me/Srosh_signals
~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
t.me/Srosh_signals
~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
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.