SPX/ Accumulation zoneGold Technical Analysis
The price has been consolidating between 6099 and 6058. We should wait until the price breaks out on either side to establish a clearer direction.
A breakout above 6099 will signal a bullish trend toward 6143.
Otherwise, falling and breaking below 2658 will indicate a bearish trend targeting 2622 and 5971.
Key Levels:
Pivot Point: 6058
Resistance Levels: 6099, 6143, 6185
Support Levels: 6058, 6022, 5971
Trend Outlook: Consolidation