SroshMayi

GOLD - TOWARD 2020, 2022

Long
SroshMayi Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD forecast

GOLD
As we said in the previous idea stability above 2007 will push up easily to 2020
The price has stabilized in the bullish zone after crossing 2007 and the next resistance will be 2020 and 2022 for today.

The 2038 target will be activated when the price can break 2022 by closing the 4h candle above

Watch out for the correction until 2007 and then it pushes up

Pivot Price: 2007
Resistance Price: 2020 & 2038 & 2052
Support price: 1995 & 1986 & 1976

The movement range will be between 2007 and 2038

PREVIOUS IDEA:
Comment:
As we said in the previous idea the price corrected to their support line which was 2007 and already pushed up again and still running

The price has stabilized in the bullish zone after crossing 2007 and the next resistance will be 2020 and 2022 for today.

The 2038 target will be activated when the price can break 2022 by closing the 4h candle above

Pivot Price: 2011
Resistance Price: 2020 & 2038 & 2052
Support price: 2007 & 1995 & 1986

The movement range will be between 2007 and 2038

Trade closed: target reached:
The price reached all targets as we mentioned in the chart which was 2038 and still running to reach 2046 and 2052
now will do a retest till 2038 and then will push up again

to continue the bullish trend should stable above 2052
but under it will move between 2046 and 2028


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