The market descends from resistance, unable to establish new highs around the critical 2050 level. Following bearish momentum and the formation of a double top,…
Category: GOLD Forecast
The prediction from my last analysis aligns well with the recent market movement. The market experienced a surge, hitting the Take Profit (TP) level. Currently,…
The market aligns with my previous analysis. The price is approaching the designated support levels. Following a test of the support and lower channel boundary,…
An additional sign supporting the potential uptrend in Gold prices during the trading week of December 11—15, 2023, would be a bounce from the support…
The price of gold continues its horizontal movement. The market exhibits a bouncing behavior within the defined range limits. I anticipate the market will engage…
The gold market is nearing the prior daily peaks. Following a false breakout, it established a range zone. The price executed an impulse move originating…
Gold executed a substantial false breakout from the resistance zone. My perspective is that the market is poised for a period of consolidation following the…
The recent market dynamics align closely with my previous analysis. The resistance faced rejection, evident in the formation of a substantial bearish rejection bar, followed…
The recent price action aligns seamlessly with my previous analysis. The price has encountered a formidable resistance zone spanning from 2100 to 2120. Notably, the…
Gold is in a consolidation phase following an upward impulse. The ongoing consolidation is likely to persist due to the presence of a robust resistance…