GOLD - CONFIRMS THE BEARISH TREND
Actualizado
Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates.
Generally, the direction is a downtrend
Uptrend Side: Dealing with price increases amid the current market movement is challenging. However, if the price reverses for any reason and trades above 2669, it may attempt to approach the resistance level around 2701.
Downtrend Side: breached below the 2670 support level suggests heightened selling pressure, potentially driving the price down to subsequent support levels at 2647, 2633, and possibly further to 2605
Tendency Keys: 2669
Generally, the direction is a downtrend
Uptrend Side: Dealing with price increases amid the current market movement is challenging. However, if the price reverses for any reason and trades above 2669, it may attempt to approach the resistance level around 2701.
Downtrend Side: breached below the 2670 support level suggests heightened selling pressure, potentially driving the price down to subsequent support levels at 2647, 2633, and possibly further to 2605
Tendency Keys: 2669
Operación cerrada: objetivo alcanzado
Dropped by +190 pip, still active toward the first target 2647.
Nota
600 pip profitNota
Closing 1H or 4H Candle below 2605 will drop again until 2585 and 2566
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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