๐ฅ๐ Gold Continues to Shine โ Whatโs Next? ๐ฐโจ
After closing a full daily candle above 3030, gold continued its upward momentum, reaching 3045 and then 3057 so far. A daily close above 3055 could push prices further toward 3095, especially with renewed geopolitical tensions ๐๐ฅ.
๐ Technical Outlook:
๐ RSI remains in the bullish zone, indicating that the uptrend is not over yet, with the potential to reach new levels before any corrective move.
๐น Key Levels to Watch:
๐ป A daily close below 3005 may lead gold back to 2980/2965
๐บ Holding above 3055 strengthens the bullish trend and opens the door for 3095 ๐
#Gold #Trading #MarketAnalysis #Investing #TechnicalAnalysis
After closing a full daily candle above 3030, gold continued its upward momentum, reaching 3045 and then 3057 so far. A daily close above 3055 could push prices further toward 3095, especially with renewed geopolitical tensions ๐๐ฅ.
๐ Technical Outlook:
๐ RSI remains in the bullish zone, indicating that the uptrend is not over yet, with the potential to reach new levels before any corrective move.
๐น Key Levels to Watch:
๐ป A daily close below 3005 may lead gold back to 2980/2965
๐บ Holding above 3055 strengthens the bullish trend and opens the door for 3095 ๐
#Gold #Trading #MarketAnalysis #Investing #TechnicalAnalysis
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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.