As the market opened, the price of gold began to rise to an all-time high, breaking through the 2,431 level to the 2,450 level, where it began to fall.
The price is currently moving between 2431 and 2450.
The price above 2431 is now trying to reach 2458 and 2469
. However, if it stays below that in the next 4 hours, it will start falling to 2414 and 2400.
We are now neutral until the direction of gold is clear.
Pivot Line : 2431
Resistance Line : 2458, 2569 , 2479
Support Line : 2414, 2400, 2493
The price is currently moving between 2431 and 2450.
The price above 2431 is now trying to reach 2458 and 2469
. However, if it stays below that in the next 4 hours, it will start falling to 2414 and 2400.
We are now neutral until the direction of gold is clear.
Pivot Line : 2431
Resistance Line : 2458, 2569 , 2479
Support Line : 2414, 2400, 2493
