Gold next movement
Breakdown of Potential Price Movement:
1. Bullish Scenario (Green Path):
If price breaks above the current resistance area (~2,920-2,925), it could move toward the major resistance at ~2,940.
This would result in a potential upside of about 20-25 USD from the breakout point.
2. Bearish Scenario (Red Path):
If price fails to hold the support (~2,910-2,915), it could drop toward the strong support at ~2,880.
This would result in a potential downside of about 30-35 USD from the breakdown point.
1. Bullish Scenario (Green Path):
If price breaks above the current resistance area (~2,920-2,925), it could move toward the major resistance at ~2,940.
This would result in a potential upside of about 20-25 USD from the breakout point.
2. Bearish Scenario (Red Path):
If price fails to hold the support (~2,910-2,915), it could drop toward the strong support at ~2,880.
This would result in a potential downside of about 30-35 USD from the breakdown point.
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Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.