Gold Spot / U.S. Dollar
Long
Updated

GOLD| Will Revers From Support to ATH

235
yesterday the gold price rose as i mentioned in my previous idea and reached my target

Today, after reaching a new high of 3,058, the price declined to the previous support level. I anticipate that the price will rebound from this support and continue its upward trend until it reaches the all-time high (ATH). Furthermore, breaking this level once again is expected to lead to a new high zone.

Bullish target: 3056
Bearish target: 3026, 2998, 2982
Trade active
The price touched the support level and then rebounded, currently trading within the range of 3,056 to 3,026. It is expected to continue fluctuating within this range until a breakout occurs in either direction.

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