– Gold reversed from resistance zone
– Likely to fall to support level 2400.00
Gold recently reversed down from the resistance zone located between the pivotal resistance level 2450.00 (which has been reversing the price from the middle of May) and the upper daily Bollinger Band.
The downward reversal from this resistance zone stopped the previous intermediate impulse wave (5) from the end of July.
Given the strength of the aforementioned resistance zone, Gold can be expected to fall further toward the next support level 2400.00.
Dow Jones: ⬇️ Sell - Dow Jones reversed from resistance level 49000.00 - Likely to fall…
Comcast: ⬆️ Buy - Comcast broke resistance area - Likely to rise to resistance level 31.00…
Platinum: ⬆️ Buy - Platinum broke resistance level 1800.00 - Likely to rise to resistance…
Silver: ⬆️ Buy - Silver broke resistance zone - Likely to rise to resistance level…
The Fed is in no hurry to cut rates, and Hassett is unlikely to accelerate…
Crypto market faces renewed downward pressure; Bitcoin may drop further, with diverging forecasts for 2026…
This website uses cookies