Gold trap to upward soon big fly
This 4-hour chart of Gold (XAU/USD) shows a recent price surge after bouncing off a strong support zone around 2,880. The current target is set at2,944.039, with the price aiming for higher resistance levels near $2,943.072. The chart indicates a bullish reversal from the support, with a potential continuation of the uptrend if the price holds above the key support levels. The next challenge for Gold will be breaking through the upper resistance zone.
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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.