GOLD is rising and testing the resistance of the trading range. The important prerequisite is no drop after false breakout. Accordingly, buyers are building up and a close above 3367 may give a chance for a rise
The fundamental situation is changing, Trump is imposing new duties. In addition, gold is reacting to the escalation of the conflict in the Middle East. The metal continues to be a magnet for money
Scenario: A break of range resistance and consolidation above 3367 activates buying. The target of 3407 is 3444
The fundamental situation is changing, Trump is imposing new duties. In addition, gold is reacting to the escalation of the conflict in the Middle East. The metal continues to be a magnet for money
Scenario: A break of range resistance and consolidation above 3367 activates buying. The target of 3407 is 3444
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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.
❤️ Telegram channel: t.me/AndeWave
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.