From a technical perspective, bullish resilience near the $3,000 mark and the subsequent move up, along with positive oscillators on the daily chart, suggest that the path of least resistance for the Gold price is to the upside. Some follow-through buying beyond the overnight swing high, around the $3,036 area, will reaffirm the constructive outlook and lift the XAU/USD pair towards the all-time peak, around the $3,057-3,058 zone touched last week.
Gold signal 3028
Support 3009
Resistance 3037
Gold signal 3028
Support 3009
Resistance 3037
Trade active
Gold sell 80 pips done Trade closed: target reached
Gold sell 160 pips done 👍
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t.me/stiven0888
My Telegram Channel 👍
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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.