Gold Spot / U.S. Dollar
Long
Updated

GOLD| Attacks New Major Resistance, 3060 Ahead..

348
The price has risen in alignment with my previous analysis.

Currently, the price maintains strong bullish momentum following a breakout from the consolidation zone between 2,998 and 2,982. For today, a correction is expected from the current level to the previous support range of 2,998–2,982. After this retracement, the price is anticipated to regain upward momentum, targeting the next new level at 3,060.

Bullish target: 3027, 3060
Bearish target: 2998, 2982, 2955
Trade active
The price corrected below the all-time high (ATH) before rising and breaking above the (ATM). It is currently trading above this level, which is expected to support further upward movement toward a new high.

snapshot

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