GOLD/ SELL PRESSURE
ที่อัปเดต:
Gold prices inched higher on Monday, supported by a softer dollar, while investors awaited a slew of U.S. economic data including the December nonfarm payrolls report for further guidance on the Federal Reserve’s interest rate stance.
Generally, the direction is a downtrend
Uptrend Side: For a bullish trend to be established, a breakout above the 2640–2664 zone must be confirmed by a daily candle closing above this level.
Downtrend Side: the bearish scenario will begin below 2640, However, before this decline, a corrective movement toward 2640 is expected. Following this correction, the price is anticipated to drop, initially reaching 2606. A break below 2606 would likely lead to a further decline toward 2566.
Tendency Keys: 2606
Generally, the direction is a downtrend
Uptrend Side: For a bullish trend to be established, a breakout above the 2640–2664 zone must be confirmed by a daily candle closing above this level.
Downtrend Side: the bearish scenario will begin below 2640, However, before this decline, a corrective movement toward 2640 is expected. Following this correction, the price is anticipated to drop, initially reaching 2606. A break below 2606 would likely lead to a further decline toward 2566.
Tendency Keys: 2606
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Currently, the gold price is preparing to start the decline toward 2603.
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with best learning
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THANKS for your support
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