Gold breaks through the resistance and moves into a new range
1) Yesterday's daily candlestick closes above 1804, which indicates a bullish outperformance
2) The daily candlestick closes near its daily high, and also near the next resistance level, 1824.
3) The price is in the new range of 1824-1804. On a retest of the resistance, there could be a breakout and strong momentum
4) The price is in a bullish trend and heading towards the medium term target of 1850
5) I think a pullback to 1804 is possible in the near future before further growth
Gold has a bullish potential, the key levels towards which you can open buy: 1804 and 1824
1) Yesterday's daily candlestick closes above 1804, which indicates a bullish outperformance
2) The daily candlestick closes near its daily high, and also near the next resistance level, 1824.
3) The price is in the new range of 1824-1804. On a retest of the resistance, there could be a breakout and strong momentum
4) The price is in a bullish trend and heading towards the medium term target of 1850
5) I think a pullback to 1804 is possible in the near future before further growth
Gold has a bullish potential, the key levels towards which you can open buy: 1804 and 1824
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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.
❤️ Telegram channel: t.me/AndeWave
Disclaimer
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.