GOLD: The Bullish Movement Remains Intact - GOLD is Still Strong
GOLD: The Bullish Movement Remains Intact - GOLD is Still Strong
In our previous analysis, we observed that gold consistently respected the red zone marked on the charts. The low was reached at 2834, but as I explained, the bullish trend remains strong and intact. Today, the market pushed the price above the red zone, reaching a new all-time high of 2900.
The bullish movement is influenced by speculations surrounding Trump, but I believe it is more closely related to the actions of central banks, which have been increasing their gold reserves significantly. In January, these reserves saw a substantial rise. Consequently, gold may continue to rise further.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
In our previous analysis, we observed that gold consistently respected the red zone marked on the charts. The low was reached at 2834, but as I explained, the bullish trend remains strong and intact. Today, the market pushed the price above the red zone, reaching a new all-time high of 2900.
The bullish movement is influenced by speculations surrounding Trump, but I believe it is more closely related to the actions of central banks, which have been increasing their gold reserves significantly. In January, these reserves saw a substantial rise. Consequently, gold may continue to rise further.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade fechado: objetivo atingido
GOLD - all targets reached:)
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Publicações relacionadas
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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Publicações relacionadas
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.