🏅#GOLD / ⏱Daily Timeframe
‼️Given the current position within an bullish channel and above the monthly support (2466.520):
🎯#GOLD could continue its growth towards the following targets:
🚀Target 1: 2523.800
🚀🚀Target 2: 2568.650
🚀🚀🚀Target 3: 2634.000
❌The stop-loss for this bullish scenario is a breakout below the support at 2634.000 and the bottom of the daily bullish channel.
🔄In this case, the trend would shift from bullish to bearish.
.............................
🏅#GOLD / ⏱1-HOUR TIMEFRAME
👉To determine whether #GOLD will rise from this point or fall further to test the second support level before rising, we need to analyze the 1-hour timeframe:
✅If the RESISTANCE level of 2508.733 is broken FIRST, then the price will RISE from this point.
✅However, if the SUPPORT level of 2490.105 is broken FIRST, the price will FALL to the specified support zone (2466.520-2473.260) before potentially reversing and starting to RISE

‼️Given the current position within an bullish channel and above the monthly support (2466.520):
🎯#GOLD could continue its growth towards the following targets:
🚀Target 1: 2523.800
🚀🚀Target 2: 2568.650
🚀🚀🚀Target 3: 2634.000
❌The stop-loss for this bullish scenario is a breakout below the support at 2634.000 and the bottom of the daily bullish channel.
🔄In this case, the trend would shift from bullish to bearish.
.............................
🏅#GOLD / ⏱1-HOUR TIMEFRAME
👉To determine whether #GOLD will rise from this point or fall further to test the second support level before rising, we need to analyze the 1-hour timeframe:
✅If the RESISTANCE level of 2508.733 is broken FIRST, then the price will RISE from this point.
✅However, if the SUPPORT level of 2490.105 is broken FIRST, the price will FALL to the specified support zone (2466.520-2473.260) before potentially reversing and starting to RISE
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.
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.