GOLD| STRONG BULLISH TREND
The price has broken the previous high level, stabilized above it, and continued to rise, reaching a new high. It is currently trading toward our next target at 2975. The price action indicates strong bullish momentum, supported by multiple higher lows and sustained buying pressure.
There was a brief rejection at a resistance zone near 2936, where sellers attempted to push the price down, but buyers regained control, driving it back up. This suggests that demand remains strong despite short-term pullbacks. The price is currently forming a structure that could lead to another rally, with minor retracements providing opportunities for accumulation.
However, sudden declines from high levels remain a possibility.
Tendency Keys: 2938
Resistance Line: 2975
Support Line: 2936, 2908, 2880
There was a brief rejection at a resistance zone near 2936, where sellers attempted to push the price down, but buyers regained control, driving it back up. This suggests that demand remains strong despite short-term pullbacks. The price is currently forming a structure that could lead to another rally, with minor retracements providing opportunities for accumulation.
However, sudden declines from high levels remain a possibility.
Tendency Keys: 2938
Resistance Line: 2975
Support Line: 2936, 2908, 2880
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.