Who are More Strong Bulls are Bears
Technical Analysis Report: Gold (XAU/USD)
(Market Summary)
Gold is currently trading in a strong upward trend, with the price respecting both support and resistance lines. The bulls are in control, and the price is likely to continue moving higher.
(Key Levels)
- Resistance Level: (2790) A close above this level could be a significant breakout, indicating a new bullish swing. This could lead to a surge in buying pressure, pushing the price even higher.
- Support Level: (2750) This level has been acting as a support, and if the price pulls back to this level, it could be a buying opportunity.
- Sell Correction Zone: (2830) If the price reaches this zone, we can expect a sell correction. This could be a good opportunity to take profits or adjust positions.
(Market Summary)
Gold is currently trading in a strong upward trend, with the price respecting both support and resistance lines. The bulls are in control, and the price is likely to continue moving higher.
(Key Levels)
- Resistance Level: (2790) A close above this level could be a significant breakout, indicating a new bullish swing. This could lead to a surge in buying pressure, pushing the price even higher.
- Support Level: (2750) This level has been acting as a support, and if the price pulls back to this level, it could be a buying opportunity.
- Sell Correction Zone: (2830) If the price reaches this zone, we can expect a sell correction. This could be a good opportunity to take profits or adjust positions.
Trade attivo
Fly From 2778 to 2810 Leads 300 Pips Profit.
For Now Gold may get small Retracement but it will be of just few Pips then again it flies towards 2830 final target just be patience traders.
Trade chiuso: obiettivo raggiunto
Reached at my bullish target 2830. 500 Pips Profit done👍
It may go Little upto 2840 then we will see the fall Upto 2760
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Join Our Telegram Channel For Getting Signals and Analysis👇👇
t.me/Trade_with_Natasha7
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.