GOLD
Analyze
Gold prices rise in light of the faltering talks to raise the debt ceiling in the United States and the growing fears of a slowdown in the economy in America and China
the gold tested an important and decisive support for the trading last week which is to the level 1999 and couldn't broke it
Therefore, the two scenarios will remain available ,
reminding you that the breach of 2011 it will push the price to fall to 1899 , 1988 and under that will reach 1972
to get bullish trend should breach the next resistance 2024 then it will support the price to get 2038 and 2046
The expected trading range for today is between the support 2011 and the resistance 2024
Support line : 2011 , 1999 , 1988
resistance line : 2024 , 2038 , 2046
Analyze
Gold prices rise in light of the faltering talks to raise the debt ceiling in the United States and the growing fears of a slowdown in the economy in America and China
the gold tested an important and decisive support for the trading last week which is to the level 1999 and couldn't broke it
Therefore, the two scenarios will remain available ,
reminding you that the breach of 2011 it will push the price to fall to 1899 , 1988 and under that will reach 1972
to get bullish trend should breach the next resistance 2024 then it will support the price to get 2038 and 2046
The expected trading range for today is between the support 2011 and the resistance 2024
Support line : 2011 , 1999 , 1988
resistance line : 2024 , 2038 , 2046
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support