Gold is displaying an attractive bullish pattern as buyers maintain control, signaling potential for further upside. Price action recently tested the support level at 3370, which acted as a strong base and triggered renewed buying interest.
The market shows signs of shifting momentum in favour of the bulls, with the breakout above the established range suggesting continued strength. As long as price holds above the 3370 support, the next key target remains the resistance zone at 3450.
If you want, I can also add a short-term intraday strategy for this setup so it’s more actionable for traders.
If You Like this idea if you have on Opinion about this analysis share in comments.
The market shows signs of shifting momentum in favour of the bulls, with the breakout above the established range suggesting continued strength. As long as price holds above the 3370 support, the next key target remains the resistance zone at 3450.
If you want, I can also add a short-term intraday strategy for this setup so it’s more actionable for traders.
If You Like this idea if you have on Opinion about this analysis share in comments.
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t.me/addlist/93Lvfc2xQ-00OTVk
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Pubblicazioni correlate
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.