GOLD OUTLOOK: KEY LEVEL AT 4784 HOLDING THE DIRECTION

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Hey everyone,

The market opened with a glitch gap into the bearish Goldturn gap and filled 4784. However, there was no EMA5 lock below this level, which led to a rejection and a bounce.

If this level continues to hold, we are likely to see a move toward filling the bullish gap at 4860 Goldturn. On the other hand, a confirmed break and lock below 4784 would open the door for lower Goldturn targets, where gold may look for support and a potential bounce aligning with our plans to buy dips.

We’ll keep you all updated.

Mr Gold

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.