Gold_Gaiin

On the Daily Chart Gold us trading at a very Dangerous price position for Bullish expectation.as the current price activity falls below most important support from the trending price channel Given it's current Position,Gold is still likely to continue to sell off more towards the 0.618% Fibonacci retracement level, which is also the nearest support level Meanwhile the relative strength index is pointing down but still quit far from the oversold point showing that the room for price reduction is still quit comfortable Gold can only have enough conditions to increase in price when it surpasses the area of 24;00-2390 USD which Is also considered the current pressure area SUPPORT 2360-50 RESISTANCE 2385-2390-2400

It looks that before any drop in Gold Price we will see 2430 After that 2431 us a Good Level To Sell TP 2360 We will Go to hell fire after touching 2431 level.

Still Buyers Have more power - GOLD BUY ZONE:- 2463-2460 TP- 2470 TP- 2475 TP- 2480 SL2455 GOOD LUCK HAVE A PROFITABLE DAY

Gold Price remain near a nearly two months high set on Monday amid growing expectations the Fed will cut interest rates. Risk appetite,coupled with modest strength in the US dollar,Could Limit XAU/USD,s Upside. Price Will Efforts to reach its high 2450. You Can wait for perfect buy entry from 2491 and perfect sell from 2450

Clear bear flag formed at chart and the price made a double top at 59500 and rejected as a wave C pivot,next expected PRZ for the Bitcoin is a place between 50k and 48k. And about Alt Coins : An other -20% to -30% is expected for Alts Market ,the only thing I can say is fully bloody market soon

You know what is PPI news?PPI stands for the Producer Price Index, which is an important piece of economic data. PPI data is released during the second week of each month. Forex traders can use PPI as a leading indicator to forecast consumer inflation measured by the Consumer Price Index (CPI). And Today gold looks bearish tp 2396 and then up 2440