GOLD 4H Further decline awaits
GOLD
The gold price has shown secondary and narrow trading since the morning, settling around the 1825 level, and therefore, no change in the expected bearish trend scenario for today,
Stabilized above 1825 would help the price reach 1832, 1846 , and 1861
For whatever reason if the price drops and stabilizes below 1825 it will be under selling pressure again to reach 1815, 1805 and 1792
Pivot Price: 1825
Resistance Price: 1834 & 1846 & 1861
Support price: 1815 & 1805 & 1792
timeframe: 4H
The gold price has shown secondary and narrow trading since the morning, settling around the 1825 level, and therefore, no change in the expected bearish trend scenario for today,
Stabilized above 1825 would help the price reach 1832, 1846 , and 1861
For whatever reason if the price drops and stabilizes below 1825 it will be under selling pressure again to reach 1815, 1805 and 1792
Pivot Price: 1825
Resistance Price: 1834 & 1846 & 1861
Support price: 1815 & 1805 & 1792
timeframe: 4H
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