Xauusd gold have buy opportunity
On the flip side, the $1,910 area is likely to act as an immediate hurdle ahead of the overnight swing high, around the $1,916 zone. The subsequent move up could lift the Gold price beyond the $1,925 intermediate resistance, towards the $1,934-$1,935 resistance and the $1,942 supply zone. A sustained strength beyond the latter might trigger a short-covering rally towards the $1,954-$1,955 resistance en route to the $1,965 area, which coincides with the 100-day SMA and should act as a key pivotal point. Hence, some follow-through buying will negate the negative outlook and shift the near-term bias in favour of bullish traders.
Gold buy zone 1904-1900
Target 1910
Target 1920
Target 1930
Gold buy zone 1904-1900
Target 1910
Target 1920
Target 1930
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Gold buy 10 pips runningNote
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Gold buy 30 pips runningNote
Gold buy 40 pips runningNote
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Gold buy 50 pips runningNote
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Gold buy 70 pips runningNote
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Gold buy 80 pips runningNote
Gold buy 90 pips runningNote
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1 target hit 100 pips done ✅Note
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Gold buy 110 pips runningNote
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GoldNote
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Gold buyNote
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Gold buyNote
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Xauusd
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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.