Gold Futures (GC1!) H4 I Falling toward an Overlap Support
Gold Futures (GC1!) H4 I Falling toward an Overlap Support
Type:
Bullish Bounce
Key Levels:
Resistance: 3,430.50
Pivot: 3,166.30
Support: 2,973.60
Preferred Case:
Looking at the H4 chart, the price could fall toward the Pivot and potentially stabilize around this level before rising toward the 1st Resistance at 3,430.50.
Alternative Scenario:
Price may break below the Pivot at 3,166.30 and fall toward the 1st Support at 2,973.60.
Disclaimer: The material provided is for information purposes only and should not be considered as investmentPublication date:
2025-05-26 12:29:42 (GMT)