• Gold reversed from support zone
• Likely to rise to 1967.00
Gold continues to rise after the earlier upward reversal from the support zone located between the support level 1865.00 (which has been reversing the price from August), lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from June.
The upward reversal from this support zone started the active medium-term impulse wave (3).
Given the predominant uptrend – Gold is likely to rise further toward the next resistance level 1967.00 (top of the previous impulse wave (1)).
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