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Gold: Bullish Momentum Remains, But Caution is Advised
The bullish momentum for gold remains intact, but we must exercise caution.
In the gold analysis I explained yesterday, we can see that gold has already reached two of our targets: 2830 and 2836. The 2830 level was reached twice.
The price is currently testing a very strong zone near 2836 - 2844, which also corresponds with the resistance zone of a larger channel. You have to...
You can watch the analysis for further details.
Thank you! 😊
The bullish momentum for gold remains intact, but we must exercise caution.
In the gold analysis I explained yesterday, we can see that gold has already reached two of our targets: 2830 and 2836. The 2830 level was reached twice.
The price is currently testing a very strong zone near 2836 - 2844, which also corresponds with the resistance zone of a larger channel. You have to...
You can watch the analysis for further details.
Thank you! 😊
Dagangan aktif
GOLD reaches a new all-time high at 2845 thus reaching our third target.
As I explained in GOLD analysis, the rest of the red zone was expected. Currently, the price is very overextended and we need to be very careful of any strong sell-off or a normal liquidity release that could push GOLD back down.
It may not happen since the trend is very strong, but given the past performance as I explained it has a higher chance of happening.
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t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
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youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
Penerbitan berkaitan
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.