GOLD - SELL PRESSURE
Generally, the direction is downtrend
Downtrend Side: Gold's price has stabilized below $2,670 per ounce. It may rise to test this level or potentially reach $2,685. Subsequently, a decline could occur, breaking the next support at $2,651. A breach below this support may lead to further declines toward $2,637 and $2,628. Given the current sensitive trading zone, caution is advised.
Uptrend Side: We need the strong fall correction. Then it needs to break through all the resistance levels it broke from yesterday. The confirmed bullish trend is indicated by stabilizing above 2714 with the closure of a daily (1D) candle.
Tendency Keys: 2651
Downtrend Side: Gold's price has stabilized below $2,670 per ounce. It may rise to test this level or potentially reach $2,685. Subsequently, a decline could occur, breaking the next support at $2,651. A breach below this support may lead to further declines toward $2,637 and $2,628. Given the current sensitive trading zone, caution is advised.
Uptrend Side: We need the strong fall correction. Then it needs to break through all the resistance levels it broke from yesterday. The confirmed bullish trend is indicated by stabilizing above 2714 with the closure of a daily (1D) candle.
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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