Gold is showing potential for a bullish reversal from the key support zone between 3390 to 3395. Price has formed a base in this range, and if it holds, we may see an upside breakout above the descending trendline
Buy Zone: 3390 – 3395
First Target: 3355.50
Second Target: 3380.50
A successful breakout and hold above the trendline resistance could trigger a move toward our short-term targets. Watch for bullish confirmation before entering. Manage risk accordingly
Buy Zone: 3390 – 3395
First Target: 3355.50
Second Target: 3380.50
A successful breakout and hold above the trendline resistance could trigger a move toward our short-term targets. Watch for bullish confirmation before entering. Manage risk accordingly
Note
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Teligram channels t.me/+YqY_7wdMhc01NjI0
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.