Gold, with the market opening and a strong upward trend, managed to reach a new price ceiling of 2288.435! In my opinion, with news related to the indices, it will move towards the price of 2265 and the upward trend will be repeated with the speeches.
Important support: 2260 - 2265
If this support is lost, this analysis will be invalid.
Important support: 2260 - 2265
If this support is lost, this analysis will be invalid.
Note
It was totally beautiful and accurate 💡Gold dropped down to 2265 and then made a 130 pip upward move!
And the news came as expected as well.
Note
Nice!Trade closed: target reached
2303Note
Exactly followed the predicted pattern!It went down to 2285 and then the upward trend started again
Enjoy :)
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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.