Thursday Market is on Bearish Bias
Bias remains to the downside, with 4330 as a potential target.
BCOM January rebalancing is set to reduce gold’s weighting next week. Historically, this has led to a 2.5–3% downside move in Gold, with Silver also feeling the pressure.
1st POI :
4440–4450 acts as near-term resistance. Watch for selling pressure from this zone, targeting 4390–4370
A decisive break below 4370 would open further downside toward 4345–4330
If Market flips above 4450 then stay out from selling
Bias remains to the downside, with 4330 as a potential target.
BCOM January rebalancing is set to reduce gold’s weighting next week. Historically, this has led to a 2.5–3% downside move in Gold, with Silver also feeling the pressure.
1st POI :
4440–4450 acts as near-term resistance. Watch for selling pressure from this zone, targeting 4390–4370
A decisive break below 4370 would open further downside toward 4345–4330
If Market flips above 4450 then stay out from selling
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.