Gold Bullish trend continues - 14-Fe-2025
Gold’s recent bull run from 2929 to 2950 signals strong bullish momentum, and future price action will likely be dictated by key technical levels and market sentiment.
Short-Term Outlook:
Initial Support at 2930: After testing 2938, a pullback to 2930 showed that buyers were still in control, absorbing selling pressure before the next leg up. This level now serves as a critical support zone for future price action.
Resistance at 2950: The recent spike to 2950 indicates strong buying interest. A decisive break above this level could trigger further upside, potentially targeting 2965–2970 in the short term.
Potential Scenarios:
Bullish Breakout: If gold maintains support above 2930 and clears 2950 with strong volume, the next targets will be 2965 and 2980, with a potential push toward the psychological 3000 mark.
Consolidation Phase: If gold struggles to break above 2950, it may consolidate between 2930–2950, forming a new base before the next move.
Correction and Retest: A break below 2930 could see a deeper correction toward 2920–2915, where buyers might step in to reignite the bullish trend.
Fundamental & Market Drivers:
Geopolitical & Economic Uncertainty: Safe-haven demand could push gold higher.
Interest Rates & Inflation Data: A dovish stance from central banks may support further bullish movement
Short-Term Outlook:
Initial Support at 2930: After testing 2938, a pullback to 2930 showed that buyers were still in control, absorbing selling pressure before the next leg up. This level now serves as a critical support zone for future price action.
Resistance at 2950: The recent spike to 2950 indicates strong buying interest. A decisive break above this level could trigger further upside, potentially targeting 2965–2970 in the short term.
Potential Scenarios:
Bullish Breakout: If gold maintains support above 2930 and clears 2950 with strong volume, the next targets will be 2965 and 2980, with a potential push toward the psychological 3000 mark.
Consolidation Phase: If gold struggles to break above 2950, it may consolidate between 2930–2950, forming a new base before the next move.
Correction and Retest: A break below 2930 could see a deeper correction toward 2920–2915, where buyers might step in to reignite the bullish trend.
Fundamental & Market Drivers:
Geopolitical & Economic Uncertainty: Safe-haven demand could push gold higher.
Interest Rates & Inflation Data: A dovish stance from central banks may support further bullish movement
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.