GOLD/ Uptrend Poised for Continuation
The price is currently testing the last high zone, which ranges between 2732 and 2757. This zone serves as a significant resistance level; however, the ongoing bullish momentum suggests that the price is poised to challenge it.
Today's expectation: The price is likely to rise further toward this zone, supported by strong upward momentum. A decisive breakout above the 2732 - 2757 zone would confirm the continuation of the uptrend, potentially opening the way for higher levels as buying pressure intensifies.
If the price struggles to break through immediately, a temporary consolidation or minor pullback might occur. However, as long as the price remains above key support levels, the uptrend remains intact, and buyers are likely to continue pushing toward and beyond the resistance zone.
Tendency Keys: 2737
Resistance Line: 2737, 2757, 2787
Support Line: 2696, 2666, 2636
Today's expectation: The price is likely to rise further toward this zone, supported by strong upward momentum. A decisive breakout above the 2732 - 2757 zone would confirm the continuation of the uptrend, potentially opening the way for higher levels as buying pressure intensifies.
If the price struggles to break through immediately, a temporary consolidation or minor pullback might occur. However, as long as the price remains above key support levels, the uptrend remains intact, and buyers are likely to continue pushing toward and beyond the resistance zone.
Tendency Keys: 2737
Resistance Line: 2737, 2757, 2787
Support Line: 2696, 2666, 2636
about 4 Analysis per day.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.