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ElenaMayi
Jun 2, 2023 11:10 AM

GOLD 4H  

GOLD (US$/OZ)TVC

Description

GOLD

OUTLOOK

The price of Gold get it positive momentum after rise up and stabilized above 1972

Currently, consolidation above 1972 is important for gold to be continue at the bullish tendency and earn more points
but to be sure at first should consolidation above 1982 and then will reach 1988 , 1999 and 2012

as for renewing bearish attempts. this requires the price to from the strong bearish bearish impulse to consolidation under 1954 and then will open the way to reach 1933 and 1925

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

support line : 1982 , 1988 , 1999
resistance line :1972 , 1964 , 1954
Comments
peacefulRhino45800
thanks a lot for your guidance
princekiweewaivan
Thanks Elena,I thinks NFP gonna push up gold and gain it's positive momentum
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