Gold (XAUUSD) Targeting $2,790 in Upcoming Rally
Updated
Gold has shown strong bullish momentum recently, with technical indicators pointing toward a potential rally to the $2,790 level. This target aligns with key resistance levels and is supported by ongoing market conditions that favor safe-haven assets.
Key Highlights:
Price Target: $2,790
Market Sentiment: Bullish on safe-haven demand and macroeconomic factors driving gold’s value.
Technical Support: Strong base established around current support levels, building a solid foundation for this potential uptrend.
📌 Trading Plan: Consider entering on dips or confirmation signals of breakout above recent highs. Tight stop-losses near support levels are recommended to manage risk effectively in this setup.
🚨 Disclaimer: This is not financial advice. Perform your own analysis before investing.
Key Highlights:
Price Target: $2,790
Market Sentiment: Bullish on safe-haven demand and macroeconomic factors driving gold’s value.
Technical Support: Strong base established around current support levels, building a solid foundation for this potential uptrend.
📌 Trading Plan: Consider entering on dips or confirmation signals of breakout above recent highs. Tight stop-losses near support levels are recommended to manage risk effectively in this setup.
🚨 Disclaimer: This is not financial advice. Perform your own analysis before investing.
Trade active
The price is moving in sideways ,channel is not broken yet .
Note
Gold not respected the Channel ,Heavy fall damaged the analysis .
🌳Indicator: bit.ly/2DJVXDn 💚
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
🦄telegram: 🟢 t.me/longbuylongsellindicator 🟢
✔️contact: t.me/wealthworldmajic
🎯web: no.com
🟠twitter : twitter.com/marxcbabu 💲
youtube.com/@marxcbabu/videos
Disclaimer
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