GOLD 4H (Minutes of the Federal Open Market Committee meeting)
gold
The market is moving strongly this week
Gold is still under selling pressure as long as it trades below 1850, especially below 1832
By closing the 4h candle below 1832 it means the fall will continue until 1824 and 1814
However, if it is reversed and stabilized above 1839 it will support the price to touch 1850 and 1860
Therefore, it must break 1870 to trade on the uptrend
Pivot Price: 1839
Support prices: 1825 & 1814 & 1803
Defense prices: 1850 & 1860 &1870
The market is moving strongly this week
Gold is still under selling pressure as long as it trades below 1850, especially below 1832
By closing the 4h candle below 1832 it means the fall will continue until 1824 and 1814
However, if it is reversed and stabilized above 1839 it will support the price to touch 1850 and 1860
Therefore, it must break 1870 to trade on the uptrend
Pivot Price: 1839
Support prices: 1825 & 1814 & 1803
Defense prices: 1850 & 1860 &1870
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t.me/Srosh_signals
~6 analyses per day. With a clear entry point
more than 1000 pip per week —— Accuracy +88%
SM World and Economy News 24/7
Urgent News ⚡️:
t.me/SM_News_24h
