Gold,Plan week 6/17-21/2k24As uh know, Gold Price surged during the north american session.
Rise inflation data in the united states contributed to this centiment,Additionally,political uncertainly in Europ led to risk aversion and a flight to safety,which boosted the value of gold..
Gold Currently trading at $2,333, representing a gain of more than 1.30% after rebounding from daily lows of $2,301.Despite lingering pessimism,US equities saw Some Recovery in the last hour of trading with the nasdaq up 0.28%.The S&P 500 Also trimmed its earlier losses and is nearly flat on the day at -0.10%
Price Continues to be stuck in two trendline boundaries the large disputed price range is 2300-2357. Temporarily Price May Go Down to 2325-2320 but Long term may go up.And For the short term may Go sideways.
•Based On The resistance and Support levels Of Gold ,we identifies the imp: key areas
Resistance -23,57,2388,2440
Support-2306,2278,2230
Wishing uh best trading week. Remember that dicipline, patience, and managing the capital these are the factors that can make victory possible 💜