As anticipated in our previous analysis, gold continues to advance, encountering no significant resistance.
However, we observe the formation of support at 2270.00. Despite this, we remain in our bullish trend, with the emergence of a clear bullish channel indicating a potential slight retracement before resuming the upward trajectory.
This is a short-term analysis; while the price may continue to rise directly, those who missed this movement can rely on support at 2287.00!
However, we observe the formation of support at 2270.00. Despite this, we remain in our bullish trend, with the emergence of a clear bullish channel indicating a potential slight retracement before resuming the upward trajectory.
This is a short-term analysis; while the price may continue to rise directly, those who missed this movement can rely on support at 2287.00!
Note
Note
I see the price is sticking to the target
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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.