Weekly Gold Price Analysis: Anticipating Key Levels and Market M
Price Movements and Analysis
Starting Price at $2390:
The week begins with gold priced at $2390.
Move to $2401:
The price moves upwards to the first point of interest at $2401.
This move could be driven by bullish sentiment or buying pressure early in the week.
Sweep to $2410:
The weekly candle formation indicates a potential sweep to the psychological level of $2410.
This level could represent a resistance point where the price struggles to go higher.
The sweep to $2410 suggests a possible bull trap or an area where sellers are waiting to enter the market.
Selling Momentum to 2330s:
After reaching $2410, selling momentum is expected to set in.
This selling pressure could push the price down to the 2330s.
follow for more insight , boost idea , and comment for more , as refined analysis will be published in the comment session AKCAPITALS✨
Starting Price at $2390:
The week begins with gold priced at $2390.
Move to $2401:
The price moves upwards to the first point of interest at $2401.
This move could be driven by bullish sentiment or buying pressure early in the week.
Sweep to $2410:
The weekly candle formation indicates a potential sweep to the psychological level of $2410.
This level could represent a resistance point where the price struggles to go higher.
The sweep to $2410 suggests a possible bull trap or an area where sellers are waiting to enter the market.
Selling Momentum to 2330s:
After reaching $2410, selling momentum is expected to set in.
This selling pressure could push the price down to the 2330s.
follow for more insight , boost idea , and comment for more , as refined analysis will be published in the comment session AKCAPITALS✨
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.
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.