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Gold. The bias is bearish in the nearest term, a consistent break and movement below 1167 area is needed to trigger further bearish momentum to test 1162 area, before aiming 1158 area. On the upside, immediate resistance is seen around 1179 area. A clear break above that area would bring the price up testing 1187 area.
Daily Forecast
Major Trend: Bearish
Time Frame: H4
Reason: There is a bullish candle pattern 3, then the next market is predicted to lead to the top of the 161.8 Fibonacci at 1186.20
Recommendation: Buy
Gold. The bias is neutral in the nearest term, immediate support is seen around 1172, while immediate resistance around 1184. A clear break below 1172 area would bring the price down to test 1165 area. On the other side, a consistent break and movement above 1184 should trigger bullish momentum to test 1190 area.
Spoiler:
[IMG]vvcap.net/db/B-EJYQQ463iQl3WgCvPV.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: There was a pattern converging on the stochastic. And today, although it has been rejected in the Fibonacci 161.8, is predicted to remain heading to 261.8 in 1202.07
Recommendation: Buy limit in 1185.00
Gold. The bias is bearish in nearest term but we need a clear break back below 1183 area to trigger further bearish correction scenario retesting 1173 support area. Immediate resistance is seen around 1190 area, another consistent break above that area would trigger further bullish pressure retesting 1200 area before turning lower.
well aaj gold ka niche ane ka chance he. sell 1587 tp 1582 sl 1595.70
best of luck.
The current trend downward trend 1530 targets and stop loss 1526 1542 if the price went to the highest point breakers 1542 the trend reversed to the upside targeting 1545 and then 1550
[IMG]vvcap.net/db/3f6Jp_Zj3AQOTeP2bthQ.png[/IMG]
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: It appears that the market has broken through the trendline. Is predicted to lead to the Fibonacci 423.6 in the third support at 1167.30 daily for long-term predictions
Recommendation: Sell
Gold. The bias is bearish in nearest term but we need a clear break back below 1177 area to trigger further bearish correction scenario retesting 1169 support area. Immediate resistance is seen around 1187 area, another consistent break above that area would trigger further bullish pressure retesting 1196 area before turning lower.
[IMG]vvcap.net/db/BabeGlpSalQLC74vYvqR.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: Previously, the market has come to the area on Fibonacci 161.8. Certainly, the market trend is still going toward the 261.8 Fibonacci at 1198.00
Recommendation: Buy