GOLD 4H (Pivot Price: 1877)

GOLD


The gold price has shown a secondary and narrow trading since the morning, settling around the 1877 level, and therefore, no change in the expected bearish trend scenario for today,

Stabilized above 1877 would help the price reach 1885 , 1893 , and 10902

For whatever reason if the price drops and stabilizes below 1877 it will be under selling pressure again to reach 1870, 1865 and 1860


Pivot Price: 1877
Defense prices: 1885, 1893 and
Support prices: 1870 & 1865 & 1860

Duration: 4H