GOLD - SELL Pressure
prices eased on Monday, weighed down by a former U.S. dollar, while investors looked out for fresh clues on Federal Reserve interest rate cuts.
Generally, the direction is uptrend
Uptrend Side: The price needs to reverse and stabilize above 2625 by closing a 1-hour candle. Following this, it is expected to reach the resistance level at 2661.
Downtrend Side: The price has stabilized below 2650, indicating a potential decline towards 2638. A break below this level could lead to further movement downwards, potentially reaching 2625.
Tendency Keys: 2651
Generally, the direction is uptrend
Uptrend Side: The price needs to reverse and stabilize above 2625 by closing a 1-hour candle. Following this, it is expected to reach the resistance level at 2661.
Downtrend Side: The price has stabilized below 2650, indicating a potential decline towards 2638. A break below this level could lead to further movement downwards, potentially reaching 2625.
Tendency Keys: 2651
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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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