As expected, gold indeed continue to grow after breaking 3250 resistance. Although the impulse is not that strong, I do expect its bullish trend to continue.
But keep in mind, there is a double top in 4hrly TF. Therefore, I will buy if 3325 is broken or 3295 support holds. Targeting 3360.
However, if 3295 is broken, the setup is invalid.
But keep in mind, there is a double top in 4hrly TF. Therefore, I will buy if 3325 is broken or 3295 support holds. Targeting 3360.
However, if 3295 is broken, the setup is invalid.
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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.