Technical Analysis:
The price has reversed from the all-time high recorded yesterday, stabilizing below 5781. This decline suggests a potential drop to the 5756 and 5732 levels. Alternatively, a bullish trend may be triggered if a 4-hour candle closes above 5781.
Key Levels:
Pivot Point: 5781
Resistance Levels: 5820, 5863, 5891
Support Levels: 5759, 5732, 5708
Trend Outlook:
Bearish below 5781
Bullish above 5781
The price has reversed from the all-time high recorded yesterday, stabilizing below 5781. This decline suggests a potential drop to the 5756 and 5732 levels. Alternatively, a bullish trend may be triggered if a 4-hour candle closes above 5781.
Key Levels:
Pivot Point: 5781
Resistance Levels: 5820, 5863, 5891
Support Levels: 5759, 5732, 5708
Trend Outlook:
Bearish below 5781
Bullish above 5781
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Technical analyst focused on gold, indices, and forex.
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Providing regular updates with structure, entry/exit clarity, and real-time outlooks.
More at: sroshmayi.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.