Gold: No Signs of Reversal - Bullish Momentum is Intact
Gold continues its bullish momentum, showing no signs of reversal on the horizon. In less than 24 hours, the price surged from $3,245 to $3,356, reinforcing strong upward pressure.
What’s Next?
If this trend persists, the next key resistance levels to watch could be around $3,400; $3450 and $3500
A possible consolidation may occur before further upside, but so far, there are no indications of a bearish correction.
You may watch the analysis for further details!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Gold continues its bullish momentum, showing no signs of reversal on the horizon. In less than 24 hours, the price surged from $3,245 to $3,356, reinforcing strong upward pressure.
What’s Next?
If this trend persists, the next key resistance levels to watch could be around $3,400; $3450 and $3500
A possible consolidation may occur before further upside, but so far, there are no indications of a bearish correction.
You may watch the analysis for further details!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Trade closed: target reached
Gold remains in a strong uptrend, despite lacking a clear reason for the rise. Market manipulation continues to play a significant role, and concerns about a U.S. recession appear to be largely speculative rather than fundamental.
As anticipated, the price formed a deceptive bearish break before confirming a larger bullish pattern. Gold's momentum remains upward, with potential targets at 3400, 3450, and 3500.
Note
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.