📣 Hello Mates!
We have observed gold hovering between $2190 and $2160 for the last one to two days.
The CPI news will determine whether the market goes up or down, but we believe that if gold does not break our resistance, the market will go down.
Remember that this chart is based on the H4 timeframe, representing a long-term target that will not be completed in one day; it may take more than one day.
🔑 Remember, money management is crucial. Before employing our analysis, please conduct your own research and refrain from investing more than 2% of your portfolio.
📈 Our resistance levels are spotted at:
- 2161
- 2120
📉 And our support levels are set at:
- 2195
- 2200
Stay tuned for further updates and trade smartly! 📊