GOLD 4H (AT SUPPORT LINE)
GOLD forecast
The FED result was fixed at 5.5%, with three anticipated rate reductions, followed by a faster-than-expected drop in inflation. so that will be positive for the GOLD
GOLD will trade at a Positive momentum as long as it trades above 2007 to the next target located at 2049 and, with stability above 2049 the next station has a target at 2088
By closing the 4h candle below 2007, we remain falling to reach 1993 and then 1961 by stabilizing under the trend
Pivot Price: 2017
Resistance Price: 2049 & 2073 & 2088
Support price: 2007 & 1993 & 1961
The movement range will be between 2017 and 2063
The FED result was fixed at 5.5%, with three anticipated rate reductions, followed by a faster-than-expected drop in inflation. so that will be positive for the GOLD
GOLD will trade at a Positive momentum as long as it trades above 2007 to the next target located at 2049 and, with stability above 2049 the next station has a target at 2088
By closing the 4h candle below 2007, we remain falling to reach 1993 and then 1961 by stabilizing under the trend
Pivot Price: 2017
Resistance Price: 2049 & 2073 & 2088
Support price: 2007 & 1993 & 1961
The movement range will be between 2017 and 2063
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
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