GOLD| BREAKOUT ABOVE 2874, GETTING NEW HIGH-LEVEL
The price of gold continues its bullish momentum, confirming the breach of the $2874 level, which opens the path toward the main target at $2910. The uptrend remains valid and effective for today, as the price structure aligns within the ascending channel displayed on the chart.
However, it is essential to highlight that the continuation of this bullish wave is contingent on maintaining stability above $2874 and a potential correction toward $2844.
While the current trajectory favors further gains, caution is advised, as sudden pullbacks may occur at elevated levels and during continuous climbs, particularly due to profit-taking or unexpected market shifts.
Tendency Keys: 2870
Resistance Line: 2870, 2010.
Support Line: 2844, 2812, 2778
However, it is essential to highlight that the continuation of this bullish wave is contingent on maintaining stability above $2874 and a potential correction toward $2844.
While the current trajectory favors further gains, caution is advised, as sudden pullbacks may occur at elevated levels and during continuous climbs, particularly due to profit-taking or unexpected market shifts.
Tendency Keys: 2870
Resistance Line: 2870, 2010.
Support Line: 2844, 2812, 2778
Zlecenie aktywne
The price declined yesterday, creating a stronger foundation for a potential upward movement and a breakout above 2874. Today, stay attentive to key economic news that may significantly impact the market. 
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.