See also
28.10.2024 06:23 AMGOLD
H4 – H1
In lower time frames, the uncertainty seen in higher time frames has led to a lack of clear, decisive movement. However, the advantage still leans towards bullish players. Currently, gold is trading above the weekly long-term trend at 2731.80. Any further rise will need to overcome the resistance of the classic Pivot Points, which provide good intraday guidance. Losing support from the weekly long-term trend at 2731.80 would shift the balance of power, drawing market attention to bearish targets at the support levels of the classic Pivot Points. It's essential to note that the values of these Pivot Points will update upon market opening.
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