ElenaMayi

GOLD 4H (under sell pressure)

Short
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD

Analyze

Gold price trading at the narrow area which is between 1972 and 1988

reminding you that the stabilized under 1972 will push the price to continue the bearish and will continue at the negative attempts to reach 1972 , 1961 and 1954

as for renewing bullish attempts , this requires the price to form a strong bullish impulse to settle through it above 1999, to confirm its restoration of the bullish tendency and reach towards the positive stations, initially stationed at 2011 and 2024.

the expected trading range for today is between the support line 1972 and resistance line 1988

support line : 1972 , 1961 , 1954
resistance line : 1988 , 1999 , 2011

about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%

with best learning

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