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Gold : Bullish Outlook with Potential Correction Below 2757
Gold Spot / U.S. Dollar
Short
Gold : Bullish Outlook with Potential Correction Below 2757
By SroshMayi
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yesterday
8
Gold Technical Analysis
The price has perfectly reached our target of 2757, as mentioned previously.
As long as the price trades above 2757, the bullish trend is expected to continue toward 2773 and then 2787 (ATH).
A 4-hour candle close below 2757 would indicate a potential bearish correction toward 2739.
Key Levels:
Pivot Point: 2757
Resistance Levels: 2773, 2787 (ATH)
Support Levels: 2747, 2739, 2722
Trend Outlook:
Bullish Trend while above 2757
Bearish Trend if a 4-hour candle closes below 2757
previous idea:
Gold
Support and Resistance
Trend Analysis
Trend Lines
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