GOLD| IT'S IN THE PROFIT, HOPES FOR RUSSIA-UKRAINE PEACE TALKS
The price is currently attempting to hold above 2938, a critical support level that could serve as a foundation for further bullish movement. If buyers manage to sustain this level, it will strengthen the potential for the price to push toward the next target at 2965.
However, the possibility of a temporary retracement remains, with 2905 acting as a key area where price might revisit before continuing its upward trajectory. This level aligns with previous structure and could provide a strong demand zone, allowing buyers to regain control.
The market structure remains bullish, characterized by consistent higher highs and higher lows, indicating that momentum is still intact. As long as buyers defend the 2938 region and prevent a deeper decline, the uptrend remains valid, with potential for further gains.
Tendency Keys: 2938
Resistance Line 2934, 2965
Support Line: 2908, 2880, 2859
However, the possibility of a temporary retracement remains, with 2905 acting as a key area where price might revisit before continuing its upward trajectory. This level aligns with previous structure and could provide a strong demand zone, allowing buyers to regain control.
The market structure remains bullish, characterized by consistent higher highs and higher lows, indicating that momentum is still intact. As long as buyers defend the 2938 region and prevent a deeper decline, the uptrend remains valid, with potential for further gains.
Tendency Keys: 2938
Resistance Line 2934, 2965
Support Line: 2908, 2880, 2859
Trade active
The price has a strong bullish trend above the last resistance toward my target
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
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THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.