Alrashedi04

Alrashedi04

There are good areas for sale waiting for the price to reach them.

Alrashedi04

Price is close to the good area for Sell. Please adhere to financial management and do not risk more than 2% of the capital. Good luck to all.

Alrashedi04

The levels shown in the chart are areas of interest for selling. However, at current prices, you can look for a price structure on the hourly and half-hour frames to buy.

Alrashedi04

The general trend is bullish. The geopolitical situation supports the rise of gold. It is preferable to wait for prices in the buying areas and take contracts with the trend. Selling is very risky at current price levels. I wish you a successful week.

Alrashedi04

The dollar is on the verge of danger and we will see an interest rate cut. If it maintains the buying areas, we will witness a strong rise and vice versa.

Alrashedi04

As for selling, there are no clear areas, but the buying areas seem to me better than the selling option, especially since we have a strong week in news. It may start to decline to the 50 Fibonacci areas and the news of the benefit is seen. In my opinion, I think we may see 2700 during this year. Finally, please be careful during your trading this week. It...

Alrashedi04

We have a change in trend and the price is bouncing from a strong selling area. I will take the corrective wave at least to the 0.50 Fibonacci level.

Alrashedi04

Analysis on daily and four-hour frames My view on gold for the coming period is that there is a scenario for an increase and a scenario for a decrease, although I prefer to wait for the buying areas and go with the trend. It is preferable to wait until Monday, perhaps the price movement will become a little clearer, and let us not...