On the flip side, the trading range support breakpoint, around the $2,630-2,635 region, now seems to act as an immediate hurdle. Any further move up could be seen as a selling opportunity and remain capped near the $2,657-2,658 horizontal barrier. A sustained strength beyond the latter could lift the Gold price to the $2,670-$2,672 supply zone, above which bulls might aim to challenge the all-time high, around the $2,685-2,686 zone touched in September. This is closely followed by the $2,700 mark, which if cleared will set the stage for an extension of a well-established multi-month-old uptrenn
Gold now buy 2611
Support 2644
Confirm CPI signal
Gold price bulls seem non committed as focus remains glued to US CPI report
Note
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Gold buy 20 pips running Note
Gold buy 30 pips running Note
Gold buy 40 pips running Note
Gold buy 50 pips running Note
Gold buy 60 pips done Note
Gold buy 70 pips running Note
Gold buy 100 pips done 💯Note
Gold buy 110 pips running Note
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CPI Target hit 140 pips done 👍Note
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Gold buy 150 pips running Note
Gold buy 160 pips running Note
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Gold buy 200 pips running Note
Gold buy 210 pips running Note
Gold buy 250 pips running Note
Target hit 310 pips done 👍Note
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Gold signal
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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.