The price is expected to consolidate between 2638 and 2648 today until a breakout occurs.
A sustained move below 2638 could trigger a decline towards 2624, with a further drop likely if 2624 is breached, targeting 2615 and eventually 2605.
Alternatively, if the price stabilizes above 2638, it may signal a shift towards a bullish trend, with the bullish momentum gaining strength upon a break and closing above 2648.
Trend: Bearish by stabilizing under 2638 Bullish: Upon breaking 2648
previous idea:
交易结束:到达目标
GOLD
Update - Active
The price dropped as we mentioned reached 2624 exactly and reversed.
So now still we have a bearish trend from 2638 to get 2624 and more if can broke it.
Should break 2638 and 2645 to be bullish trend