Gold Price at Critical Juncture: Bullish or Bearish Continuation

2024年10月14日

Gold Technical Analysis

Today the price needs to break 2661 to be a bullish trend toward 2680, but as long as trades under 2652 and 2661 will be bearish toward 2638 and under it will get 2624

Key Levels:
Pivot Point: 2653
Resistance Levels: 2661, 2672, 2680
Support Levels: 2638, 2624, 2615

Trend:
Bearish below 2661
Bullish above 2661

2024年10月15日

交易结束：到达目标

GOLD
Live update

The price dropped and reached our target of 2638 precisely before reversing. Gold has stabilized above 2661, suggesting it may reach 2670 and 2680. For a more bullish outlook, a break above 2680 is required.

Conversely, a bearish scenario would be triggered by a 4-hour candle closing below 2661, potentially leading to targets of 2651 and 2638.