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CFDs on Gold (US$ / OZ)

Is the bullish rally over?

117
Gold continues to show upside potential, maintaining a bullish trend. It is currently supported around the 2731 level and may test resistance at 2758, followed by 2790. If it breaks through these levels, it could aim for a new all-time high around 2880. However, a drop below the 2731 support level would bring attention to the next support levels at 2708 and then a stronger support at 2685. Some indicators hint that a pullback might follow after testing these higher levels, signaling a possible shift toward bearish momentum.

adeelzahoor76
Chart PatternsGoldgoldpredictiongoldtradingstrategyTechnical IndicatorsTrend Analysisxauusd-analysexauusdforecastxauusdideaxauuusd

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Chart PatternsGoldgoldpredictiongoldtradingstrategyTechnical IndicatorsTrend Analysisxauusd-analysexauusdforecastxauusdideaxauuusd
adeelzahoor76

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.