Gold Breakout Setup: Targeting 2939
Gold is currently consolidating near a key resistance zone around 2922. The price structure shows a rounding bottom, indicating potential bullish momentum. A breakout and successful retest of the resistance could push the price toward the target at 2939. If the price holds above the equilibrium and maintains buying pressure, further upside is likely.
TARGET 2939
TARGET 2939
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If you want to receive more Analysis signals, please join our Telegram channel. t.me/+JLFlD0eg3LFjNjU8
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.