GOLD OUTLOOK
The price of GOLD has the potential to stabilize below the resistance line at 2177.50, If the price continues to trade below 2177, it will likely reach levels at 2161 and 2144. Further downward momentum may be supported if the price falls below 2144.
Alternatively, stability above 2177.50, confirmed by the closing of a 1-hour or 4-hour candle, could indicate a bullish trend with targets set at 2198 and 2215.
Pivot Price: 2177
Resistance price: 2198, 2210, 2225
Support price: 2160, 2144, 2130
The expected trading range for today is between support 2144 and Resistance 2179
Tendency: downside
The price of GOLD has the potential to stabilize below the resistance line at 2177.50, If the price continues to trade below 2177, it will likely reach levels at 2161 and 2144. Further downward momentum may be supported if the price falls below 2144.
Alternatively, stability above 2177.50, confirmed by the closing of a 1-hour or 4-hour candle, could indicate a bullish trend with targets set at 2198 and 2215.
Pivot Price: 2177
Resistance price: 2198, 2210, 2225
Support price: 2160, 2144, 2130
The expected trading range for today is between support 2144 and Resistance 2179
Tendency: downside
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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