Gold futures have approached the $3500 per ounce resistance level over the past four weeks but have not yet broken through it. The yellow metal may continue trading within the $3200-3500 range for some time. It is worth noting that the long-term trend remains bullish as long as the $3100-3200 support zone holds.
Long-term trend: Up
Resistance level: 3500
Support level: 3100-3200
Long-term trend: Up
Resistance level: 3500
Support level: 3100-3200
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.