Emas Semerta / Dolar A.S.Telah dikemas kini Gold Pauses After Record High – Key Support and Resistance Level
After reaching a new all-time high on Thursday, Gold has entered a consolidation phase again, fluctuating within a range of 2,920 to 2,940. This period of consolidation suggests that the market is pausing before deciding on its next move.
The overall trend remains bullish as long as the 2,920 support level holds. A decisive breakout above 2,940 could signal renewed upward momentum, potentially leading to a fresh all-time high.
However, if gold breaks below 2,920, it could trigger a deeper correction, with the next significant support level around the 2,850 zone. In this scenario, sellers may gain temporary control, pushing prices lower before the market finds stability.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
The overall trend remains bullish as long as the 2,920 support level holds. A decisive breakout above 2,940 could signal renewed upward momentum, potentially leading to a fresh all-time high.
However, if gold breaks below 2,920, it could trigger a deeper correction, with the next significant support level around the 2,850 zone. In this scenario, sellers may gain temporary control, pushing prices lower before the market finds stability.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
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After breaking the 2940 range resistance, xauuad is making a new ATH
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.