• Gold broke pivotal support level 1725.00
• Likely to fall to support level 1684.00
Gold recently broke below the pivotal support level 1725.00 (former multi-month support from last September).
The breakout of the support level 1725.00 is aligned with the clear downtrend that can be seen on the daily charts.
Gold can be expected to fall further toward the next support level 1684.00 (former powerful support from August of 2021) – from where gold is likely to correct up.
Market Picture Bitcoin's closing price on Tuesday became the lowest since late February, confirming the…
- Ebay under the bearish pressure - Likely to fall to support level 51.00 Ebay…
- GBPAUD reversed from key support level 1.9135 - Likely to rise to resistance level…
Silver has lost 2.6% since the start of the day on Tuesday to $26.4 per…
Market picture The crypto market capitalisation decreased by another 1.5% to $2.27 trillion, getting closer…
ANF reversed from key support level 113.40 Likely to rise to resistance level 132.31 ANF…
This website uses cookies