The price rose by +310 pip, according my previous idea
Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts.
The price has stabilised above the resistance level of 2935 and is making a correction toward this level. It may break below 2935 and extend its correction toward 2924; however, the overall outlook remains bullish. Following the completion of the correction, the price is expected to gradually move toward the all-time high (ATH). A brief correction may occur at the ATH before the price attempts to break through and reach a new high at 2975.
Bearish target: 2935, 2923, 2893
Bullish target: 2959, 2975
Gold prices edged higher on Thursday as uncertainty over tariffs persisted, driving safe-haven demand, while a cooler-than-expected U.S. inflation print also supported bullion by strengthening expectations of rate cuts.
The price has stabilised above the resistance level of 2935 and is making a correction toward this level. It may break below 2935 and extend its correction toward 2924; however, the overall outlook remains bullish. Following the completion of the correction, the price is expected to gradually move toward the all-time high (ATH). A brief correction may occur at the ATH before the price attempts to break through and reach a new high at 2975.
Bearish target: 2935, 2923, 2893
Bullish target: 2959, 2975
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.