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GOLD / Pivot Line Ahead FED Rate decision
Gold Spot / U.S. Dollar
Long
GOLD / Pivot Line Ahead FED Rate decision
By SroshMayi
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Dec 17, 2024
7
Gold Technical Analysis
The market will move under the key events of the FED Rate and GDP it will be a volatile week for gold.
The price dropped about 250 pip as we mentioned yesterday.
Now should break 2638 by closing 4h candle to be bearish till 2623, Otherwise stability above 2638 will try to touch 2653.
Key Levels:
Pivot Point: 2638
Resistance Levels: 2653, 2665, 2678
Support Levels: 2623, 2612, 2612
previous idea:
Supply and Demand
Support and Resistance
Trend Analysis
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