CFD Analysis: Gold holding at support?
Today's focus Gold
Pattern – support hold
Possible targets – 2035
Support – 2007
Resistance –2016.50 (4H) 2034.50 - 2050
Hi traders. Thanks for checking out our latest update. Today we are looking at Gold and running over a few of the points we are watching price-wise that could suggest a new move higher. Price Is trying to clear some 4H resistance and has re-held off 207 support. If we do see a break higher, could we see a new test of 2034.50/2035 resistance?
Thanks for stopping by. Good trading, and have a great day.
Pattern – support hold
Possible targets – 2035
Support – 2007
Resistance –2016.50 (4H) 2034.50 - 2050
Hi traders. Thanks for checking out our latest update. Today we are looking at Gold and running over a few of the points we are watching price-wise that could suggest a new move higher. Price Is trying to clear some 4H resistance and has re-held off 207 support. If we do see a break higher, could we see a new test of 2034.50/2035 resistance?
Thanks for stopping by. Good trading, and have a great day.
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.