GOLD Getting ready for 2025
Current price action suggests we're entering a critical phase for Gold. After the strong uptrend from June-October, we're seeing signs of temporary weakness that could extend into early January 2025(1 or 2 Week).
Major Support zone around 2536-2,550 (Area of Interest : AOI)
Expecting a test of this support in early January
Volume declining, suggesting a major move is brewing.
→ Short-term: Potential weakness and test toward support zone
→ Medium-term: Looking for bottom formation around 2536-2,550 area
→ Long-term: Expecting bullish rally after support confirmation
Major Support zone around 2536-2,550 (Area of Interest : AOI)
Expecting a test of this support in early January
Volume declining, suggesting a major move is brewing.
→ Short-term: Potential weakness and test toward support zone
→ Medium-term: Looking for bottom formation around 2536-2,550 area
→ Long-term: Expecting bullish rally after support confirmation
Note
Moving as per plan Note
a good move in down side
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✅For Live Update on Gold Price and trade opportunities ; Join Free community
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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.