Gold forecast

On the four-hour graph, we notice a positive crossover on Linear Regression Indicators accompanied by trading around 1309.35 represented in 38.2% correction of the bullish wave that started from the bottom 1182.00 reaching the top 1387.00. Stability above 1300.00 is positive; but because RSI touched line 70 then dropped, the metal should stabilize above 1309.35 to keep the bullish bias without any corrections. Generally, stabilizing above 1277.00 keeps the bullish possibility valid, but stability above 1285.00 is required to strengthen this possibility. Support 1305.00 1300.00 1296.25 1293.00 1285.00 Resistance 1315.00 1323.20 1331.40 1339.35 1347.20 Recommendation Based on the above, long gold above 1309.35, targeting 1323.00, 1339.00, then 1347.00, and stop-loss below 1296.00. Note: This is only to define the trend, for more details please visit theRecommendation section For more detail Please Contract 092 749966, 093 749966 lekchansour@gmail