Gold Flat as Investors Rotate into ETFs
Metal Prices Mixed; Gold Flat as Investors Rotate into ETFs
Technical Analysis: Gold
Current Outlook: It looks like consolidating between 2397 and 2387.
Bullish Scenario:
Stability above 2397 could extend the bullish trend towards 2408 and above 2420
Bearish Scenario:
Stabilization below 2397 could support a decline to 2387 and should break 2387 to be downward till 2378 and 2365.
Key Levels:
- Pivot Line: 2397
- Resistance Levels: 2408, 2420, 2428
- Support Levels: 2387, 2378, 2365
Today's Expected Trading Range is between 2387 and 2420,
Tendency: Bullish trend Volume with some correction.
Technical Analysis: Gold
Current Outlook: It looks like consolidating between 2397 and 2387.
Bullish Scenario:
Stability above 2397 could extend the bullish trend towards 2408 and above 2420
Bearish Scenario:
Stabilization below 2397 could support a decline to 2387 and should break 2387 to be downward till 2378 and 2365.
Key Levels:
- Pivot Line: 2397
- Resistance Levels: 2408, 2420, 2428
- Support Levels: 2387, 2378, 2365
Today's Expected Trading Range is between 2387 and 2420,
Tendency: Bullish trend Volume with some correction.
Заметка
there is a possibility to do a retest till 2397 and then push up
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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
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