Hi everyone,
Gold is under pressure to hold the 2500 level. We anticipate a minor bounce from 2500 to 2513, which could be a favorable zone for a short position targeting 2454. Following this drop, if the price falls to 2392, it will present a good buying opportunity to aim for a return to 2500.
Wishing you a successful week ahead!
#XAUUSD #GOLD
Gold is under pressure to hold the 2500 level. We anticipate a minor bounce from 2500 to 2513, which could be a favorable zone for a short position targeting 2454. Following this drop, if the price falls to 2392, it will present a good buying opportunity to aim for a return to 2500.
Wishing you a successful week ahead!
#XAUUSD #GOLD
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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.
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.