SroshMayi

GOLD 4h (Long-term still available)

Long
SroshMayi Updated   
TVC:GOLD   CFDs on Gold (US$ / OZ)
GOLD OUTLOOK

The bullish trend is currently very strong on GOLD As long as the price remains above the support at 1963 and 1957
The first bullish objective was located in 1986. The bullish momentum would be boosted by a break in this resistance.
Buyers would then use the next resistance located in 2007 as an objective.
Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term.

Pivot Price: 1963
Resistance Price: 1986 & 2007 & 2020
Support price: 1963 & 1950 & 1932

The movement range will be between 1957 and 2007
Trade closed: target reached:
the price reached the target we mentioned and still running to reach 2007 if can stable above 1986

under 186 will move between 1986 and 1976


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