GOLD 4H Midday update
Hello traders,The price of gold continues to fluctuate around the 1963 level, and faces some negative pressure to move below it now, which requires attention in the upcoming trading, as consolidation below this level will stop the positive scenario and place the price under negative pressure, mainly targeting the 1951 areas.
We point out that the price needs to rise above 1963 to reinforce the positive expectations, the next main target of which is 1981.
Pivot Price: 1963
Resistance Price: 1981 & 1996 & 2010
Support price: 1951 & 1938 & 1925
The general trend expected for today: bullish
timeframe: 4H
We point out that the price needs to rise above 1963 to reinforce the positive expectations, the next main target of which is 1981.
Pivot Price: 1963
Resistance Price: 1981 & 1996 & 2010
Support price: 1951 & 1938 & 1925
The general trend expected for today: bullish
timeframe: 4H
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