GOLD - The pattern is controlled by negative pressure(2733,2714)

4 พ.ย.

Generally, the direction is an uptrend

We have two potential bearish scenarios: first, the price might rise to 2757 before beginning a downward movement. Alternatively, the price could break through the resistance levels at 2757 and 2778, reaching 2787, before initiating a significant decline overall.

Downtrend Side: For the bearish trend to materialize, the price must break below 2733 and cross 2714, particularly if a 4-hour candle closes beneath this level.

Uptrend Side: We are observing an uptrend towards 2757. A break above this level could lead to further gains, potentially reaching 2778 and 2787.

Tendency Keys: 2733