Midday update for GOLD 4H
Updated
The gold price is facing noticeable negative pressure to attack the 1913 level, which requires attention in the upcoming trading, as continuing the decline and confirming the break of this level will stop the positive scenario suggested in the morning and put the price under negative pressure during the coming sessions, while the price needs to consolidate above 1913 to resume the bullish wave that is present. Its next major target was in 1926.
Pivot Price: 1913
Resistance Price: 1926 & 1936 & 1947
Support price: 1908 & 1902 & 1893
The general trend expected for today: bullish
The expected trading range for today is between support 1867 and Resistance 1947
Pivot Price: 1913
Resistance Price: 1926 & 1936 & 1947
Support price: 1908 & 1902 & 1893
The general trend expected for today: bullish
The expected trading range for today is between support 1867 and Resistance 1947
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