Bullish pinbar was formed at the tip of downswing yesterday that can be treated as a signal for upward correction. If this scenario gets confirmation, gold would recover to 1902.42-1910.88.
Local structure consolidates in the range of recent swing (1861.52-1873.15). This accumulation might get broken and it will define the direction of the market for the nearest term. Upward target is 1900.00-1902.42, downward target is 1848.33.
Main scenario: Break of resistance 1873.15 and growth in direction 1900.00-1902.42.
Alternative scenario: Break of support 1861.52 and further decline to 1848.33.
Trading expecting the break of the 1861.52-1873.15 range to the targets of a corresponding scenario.
+$500 FOR TRADING Trade and receive real money for each 10th completed lot USE THE BONUS AND GET THE FOLLOWING BENEFITS: Unlimited withdrawal Compatible with Megaprotect and Deposit Bonus Available for cents and swap-free accounts HOW TO GET BONUS? To have a valid trading account To maintain the minimum account balance of 100 USD Keep trading and receive […]
We are launching the long-awaited rewards program for all subscribers of our social networks – share posts with your friends and get money on your FortFS account as a reward! 🥇 The participants will get the following benefits: • Real money for reposts • The reward is available for withdrawal without restrictions • You can […]