Expecting gold to break higher toward $3,430 if bullish catalysts emerge, but its worth to keep an eye on dollar strength or risk-on sentiment that could push prices lower.
A breakout above the descending resistance around $3,340 could push gold toward the next resistance at $3,430.97, potentially reaching $3,480 if momentum continues. Thats scenario A and honestly what i'm looking for. Might enter with small position now at 3331.
Scenario B would be a continuation of this correction. After this amazing run thats been going on for a while, that woud make sense. But geopolitical tensions all around the world are still to be resolved. This renewed pause on tariffs to the EU could help gold prices decline.
Will be updating.
A breakout above the descending resistance around $3,340 could push gold toward the next resistance at $3,430.97, potentially reaching $3,480 if momentum continues. Thats scenario A and honestly what i'm looking for. Might enter with small position now at 3331.
Scenario B would be a continuation of this correction. After this amazing run thats been going on for a while, that woud make sense. But geopolitical tensions all around the world are still to be resolved. This renewed pause on tariffs to the EU could help gold prices decline.
Will be updating.
Dagangan aktif
BUY LIMIT order at 3270. SL 3250
TP1 3300
TP2 3370
Nota
Still waiting on order to get filled.Pesanan dibatalkan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.