Gold maintains a solid bullish structure, with a clear ascending pattern forming. The price has repeatedly tested the 3425 level, creating a double-top-like structure, which signals potential short-term resistance.
Despite the resistance, the bullish momentum remains intact, as the price consistently respects key support levels and maintains higher lows.
Look our Chart and share your Thoughts traders hit in comments.
Despite the resistance, the bullish momentum remains intact, as the price consistently respects key support levels and maintains higher lows.
Look our Chart and share your Thoughts traders hit in comments.
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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.