From TradingView · · 1m
Gold Price Range for Week of Oct 19, 23
Gold traders target SELL 4210, 4225 and BUY 4070, 4085 for weekly moves.
In brief
Gold traders target SELL 4210, 4225 and BUY 4070, 4085 for weekly moves. Gold price range for Oct 19, 23: SELL 4210, 4225, BUY 4070, 4085. Originally reported by TradingView.
Weekly Gold Price Range
Gold price ranges between 4066 and 4228 for the week of Oct 19, 23.
Weekly Market Structure
Gold closed the week of Oct 12, 16 at 4165.42 with a 0.58% drop.
Key Price Zones
Resistance zones include 4282, 4316 and 4235, 4275; support zones include 4123, 4147 and 4066, 4085.
Trading Scenarios
SELL at 4210, 4225 or BUY at 4070, 4085 based on price action confirmation.
Breakout Scenarios
A D1 close below 4052 breaks the double bottom and extends lower-low sequence.
News Calendar
China Q3 GDP, US housing starts, jobless claims, and S&P Global US PMI reported this week.
Trading Advice
Wait for price action confirmation at range edges; do not trade the middle of the range.
What to remember
Gold price range for Oct 19, 23: SELL 4210, 4225, BUY 4070, 4085.
