The 15-minute timeframe suggests a potential short-term corrective phase for gold today, following the recent upward wave that began at 4501 and appears to have topped out around 4764.86. This indicates that we might witness downward reactions against the established daily bullish trend.
Traders can consider shorting opportunities if the major 15-minute trend low at 4688.10 is convincingly broken. This bearish outlook would then target the specified levels below this support.
The market is at a crucial point, and a valid break of the 4688.10 support will be key to confirming the short-term bearish perspective and guiding trading decisions towards the indicated downside targets.
Traders can consider shorting opportunities if the major 15-minute trend low at 4688.10 is convincingly broken. This bearish outlook would then target the specified levels below this support.
The market is at a crucial point, and a valid break of the 4688.10 support will be key to confirming the short-term bearish perspective and guiding trading decisions towards the indicated downside targets.
Ordem cancelada
If the price breaks above 4732.88 with a valid 15-minute candle, it can continue its upward trend and move towards the supply zone of 4835, which was identified as the second target in yesterday's analysis.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.