"Market Readiness: Key Levels for Gold's Next Major Move"
From the perspective of ICT, the current situation can be seen as preparation for a significant movement. If selling pressure prevails:
Initial bearish target: Lower support areas in the range of 2620 to 2640.
In case of a bullish breakout: A move above the resistance near 2675 could pave the way for a new upward trend.
Initial bearish target: Lower support areas in the range of 2620 to 2640.
In case of a bullish breakout: A move above the resistance near 2675 could pave the way for a new upward trend.
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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.