GOLD - With Sensitivity Preparing to DECLINE.
Gold prices fell on Monday as the U.S. dollar held firm, while investors awaited U.S. economic data for fresh insights on the Federal Reserve’s monetary policy path.
Generally, the direction is uptrend
Uptrend Side: The price needs to stabilize above 2,733, especially 2,740, with the closure of a 4-hour candle, after which it is expected to rise further to reach 2,750 and potentially 2,757.
Downtrend Side: As long as the price trades below 2,740, and especially below 2733, it is expected to decline towards 2,714. A break below this level would likely lead to a move towards 2,701.
Tendency Keys: 2,733
Generally, the direction is uptrend
Uptrend Side: The price needs to stabilize above 2,733, especially 2,740, with the closure of a 4-hour candle, after which it is expected to rise further to reach 2,750 and potentially 2,757.
Downtrend Side: As long as the price trades below 2,740, and especially below 2733, it is expected to decline towards 2,714. A break below this level would likely lead to a move towards 2,701.
Tendency Keys: 2,733
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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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