Gold technical analysis
The resistance above the daily level is 2250 and the support below is 2145.
The resistance above the four-hour level is 2208 and the support below is 2177-50.
Gold operation suggestions:
The gold European market surged higher and reached the 2200 mark and fell back under pressure. From the 4H chart, wave A has completed to 2157, and now it is a wave B rebound starting from 2157. In the follow-up, wave C starts from 2200 and falls. The first target is the previous low of 2157. , the second target daily support is 2145.
SELL:near 2200
SELL:near 2186
BUY:near 2145
BUY:2157nearby
The resistance above the daily level is 2250 and the support below is 2145.
The resistance above the four-hour level is 2208 and the support below is 2177-50.
Gold operation suggestions:
The gold European market surged higher and reached the 2200 mark and fell back under pressure. From the 4H chart, wave A has completed to 2157, and now it is a wave B rebound starting from 2157. In the follow-up, wave C starts from 2200 and falls. The first target is the previous low of 2157. , the second target daily support is 2145.
SELL:near 2200
SELL:near 2186
BUY:near 2145
BUY:2157nearby
Note
Gold and crude oil are in line with expectations Trade active
My analysis is coming to fruition. Gold started to fall in the C wave, the target of 2183 has been completed, and the lower target is 2173/2157/2145💰 Trade active
The 2183/2173 promised to everyone has been completed today, and some positions have been closed and BE set. Waiting for the next target 2157 Trade active
Trade active
Trade active
Trade active
Yesterday's sale of 2200 reached the target of 2173, and today's sale of 2196 reached the target of 2184. Now gold looks like a contracting triangle, which has reached the end. There are many possibilities for the subsequent market trend, as shown below Trade active
Trade active
Trade active
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💥Telegram Channel Free Updates 👉🏻
💥t.me/Actuary00group
✉️Signal and daily analysis channel
💥t.me/Actuary00group
✉️Signal and daily analysis channel
Related publications
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.