Gold price in a range , potential buy for short term once broke

2 Nis 2022

Gold price if break above 1839 , we will expect towards 1960 .
Currently the price is testing the range (1920 - 1950) .

In a bigger picture , price is cap in a range on H4 between 1897 - 1968.
The smaller range between 1918 - 1950.

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4 Nis 2022

Not

Once broken below 1918 (smaller range support), we will expect 1897 (bottom of the bigger range) - quite likely scenario

4 Nis 2022

Not

Price did not fall below 1918 and this allow it to go back up to 1938.

4 Nis 2022

Not

Price hit 1933 and capped.
We see price will fall towards back to 1918 or to 1897

4 Nis 2022

İşlem aktif

Above long trade has activated as price has retested at 1925.