Hello Traders! 👋
What are your thoughts on Gold?
After a strong upward move, gold entered a corrective phase upon reaching the $3500 resistance zone.
The current pullback is expected to extend toward the identified support area and the ascending trendline, where buying interest may reappear.
As long as gold holds above the support and trendline, the long-term trend remains bullish.
This correction could offer a buy-the-dip opportunity, with potential for a move back toward the recent highs.
Will gold find support and resume its rally? Share your thoughts below!
Don’t forget to like and share your thoughts in the comments! ❤️
What are your thoughts on Gold?
After a strong upward move, gold entered a corrective phase upon reaching the $3500 resistance zone.
The current pullback is expected to extend toward the identified support area and the ascending trendline, where buying interest may reappear.
As long as gold holds above the support and trendline, the long-term trend remains bullish.
This correction could offer a buy-the-dip opportunity, with potential for a move back toward the recent highs.
Will gold find support and resume its rally? Share your thoughts below!
Don’t forget to like and share your thoughts in the comments! ❤️
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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.
✅MY FREE FOREX &CRYPTO SIGNALS TELEGRAM CHANNEL:
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
t.me/+1gFAIO4CJJw3NTU0
✅INSTAGRAM:
instagram.com/marketanalaysis
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.