Visne Academy

Short Term Gold Ounce Strategy 09.03.2022

Will profit selling deepen on the gold ounce side?

For the short term, it seems likely that the sales will continue for a while. Especially, there may be a possibility of closing the upward price gap (gap) experienced at the opening on the night of March 7th. The band 1960 – 1978, which is of high importance both technically and psychologically, can be tested for the short term. In order for the seller's course to deepen, it must remain under this band. In such a possible scenario, we may encounter the critical support level of 1935. However, if profit sales are limited to the band of 1960-1978, buyers may step in again and upward attacks may gain momentum again. Because both the global inflation situation remains on the table and the geopolitical risks remain in full force. In such a case, the 2000 – 2020 and 2047 levels may continue to create resistance in the markets.

Support: 1978 – 1960 – 1935

Resistance: 2000 – 2020 - 2047

analiz

2022-03-09 17:58:58

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