Disliked{quote} dear sir, Gold may face resistance in the 4545–4550 zone. From this area, I expect a possible downside reaction as sellers could step in. I will be watching for bearish confirmation before entering any sell position. Let’s see how price reacts around this level.Ignored
But we never know, if they break or they reject, but sure was my initial target because of that at the close...
We have many averages to make and average is dinamic, are correlated with supports now, but we have daily, 4h and 1h without doing that full move..
The minimun is the average of the average expected and that was done in 1h already...
For market shifts will need the respective tf cross above the average... 1h that it didn't...
4544.60 is the 1h, to potential go to 4578 zone, nothing can be granted in trading...
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