Gold Price Poised for Decline After Resistance Test
Güncellendi
The gold price is anticipated to increase until it reaches the resistance levels of 2335 or 2340. Following this rise, it is expected to decline, falling below the support level of 2327 due to the continued bearish trend in the market. Should the price stabilize below 2327, it is likely to decrease further, first to 2319 and then to 2303.
For a shift to a bullish trend, it is essential for the price to stabilize above 2340, which can be confirmed by the closure of a 4-hour candle above this level.
For a shift to a bullish trend, it is essential for the price to stabilize above 2340, which can be confirmed by the closure of a 4-hour candle above this level.
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