Gold (XAU/USD) shows a strong bullish trend, with the price successfully reaching the previously set target levels. The target complete 3030 has been achieved, as marked by the blue arrow, confirming that the price hit the 3,030 level. Prior targets of 3,010 and 3,020 were also successfully met, as indicated in the chart.
The price recently broke through the key resistance zone around 2,960, which is now acting as a support level (labeled support 1) at 2,968.19. This support area is crucial for maintaining the bullish trend. The chart also shows green arrows indicating key points where the price bounced from support, reinforcing the bullish momentum.
The price is currently testing new highs, approaching the 3,034 resistance level. Traders should keep an eye on this area as it could act as the next level of resistance. If the price holds above 2,960 and the support zone at 2,968, the price may continue to target higher levels, with $3,040 being the next goal.
Overall, Gold is in a strong uptrend, and as long as the support levels hold, the price could continue moving toward the next target levels.
The price recently broke through the key resistance zone around 2,960, which is now acting as a support level (labeled support 1) at 2,968.19. This support area is crucial for maintaining the bullish trend. The chart also shows green arrows indicating key points where the price bounced from support, reinforcing the bullish momentum.
The price is currently testing new highs, approaching the 3,034 resistance level. Traders should keep an eye on this area as it could act as the next level of resistance. If the price holds above 2,960 and the support zone at 2,968, the price may continue to target higher levels, with $3,040 being the next goal.
Overall, Gold is in a strong uptrend, and as long as the support levels hold, the price could continue moving toward the next target levels.
TELEGRAM CHANNEL CLICK HERE
👇👇
t.me/addlist/j3ts8pztHtY3NWQ0
VIP SIGNALS SERVICE 👇👇⬇️
t.me/addlist/j3ts8pztHtY3NWQ0
Recommend best broker exness Partner link 👇
one.exnesstrack.org/a/kyponqqh5i
👇👇
t.me/addlist/j3ts8pztHtY3NWQ0
VIP SIGNALS SERVICE 👇👇⬇️
t.me/addlist/j3ts8pztHtY3NWQ0
Recommend best broker exness Partner link 👇
one.exnesstrack.org/a/kyponqqh5i
Related publications
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.
TELEGRAM CHANNEL CLICK HERE
👇👇
t.me/addlist/j3ts8pztHtY3NWQ0
VIP SIGNALS SERVICE 👇👇⬇️
t.me/addlist/j3ts8pztHtY3NWQ0
Recommend best broker exness Partner link 👇
one.exnesstrack.org/a/kyponqqh5i
👇👇
t.me/addlist/j3ts8pztHtY3NWQ0
VIP SIGNALS SERVICE 👇👇⬇️
t.me/addlist/j3ts8pztHtY3NWQ0
Recommend best broker exness Partner link 👇
one.exnesstrack.org/a/kyponqqh5i
Related publications
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.