Gold started the week with a correction, dropping to a low of 2730 on Monday.
Following this pullback, bulls regained control, pushing the price back above the key 2760 resistance level yesterday.
At the time of writing, the price is hovering around this level.
Even if there is a dip below 2760, the overall trend remains bullish as long as the 2745-2750 support zone holds.
In conclusion, I remain bullish as long as support holds and will look to buy on dips. Bulls could aim for a new all-time high as their target, while a daily close below 2745 would shift the outlook to bearish.
Following this pullback, bulls regained control, pushing the price back above the key 2760 resistance level yesterday.
At the time of writing, the price is hovering around this level.
Even if there is a dip below 2760, the overall trend remains bullish as long as the 2745-2750 support zone holds.
In conclusion, I remain bullish as long as support holds and will look to buy on dips. Bulls could aim for a new all-time high as their target, while a daily close below 2745 would shift the outlook to bearish.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.