🏅#GOLD / ⏱Daily Timeframe
‼️Given the current position within an bullish channel and above the monthly support (2466.520):
🎯#GOLD could continue its growth towards the following targets:
🚀Target 1: 2523.800
🚀🚀Target 2: 2568.650
🚀🚀🚀Target 3: 2634.000
❌The stop-loss for this bullish scenario is a breakout below the support at 2634.000 and the bottom of the daily bullish channel.
🔄In this case, the trend would shift from bullish to bearish.
.............................
🏅#GOLD / ⏱1-HOUR TIMEFRAME
👉To determine whether #GOLD will rise from this point or fall further to test the second support level before rising, we need to analyze the 1-hour timeframe:
✅If the RESISTANCE level of 2508.733 is broken FIRST, then the price will RISE from this point.
✅However, if the SUPPORT level of 2490.105 is broken FIRST, the price will FALL to the specified support zone (2466.520-2473.260) before potentially reversing and starting to RISE

‼️Given the current position within an bullish channel and above the monthly support (2466.520):
🎯#GOLD could continue its growth towards the following targets:
🚀Target 1: 2523.800
🚀🚀Target 2: 2568.650
🚀🚀🚀Target 3: 2634.000
❌The stop-loss for this bullish scenario is a breakout below the support at 2634.000 and the bottom of the daily bullish channel.
🔄In this case, the trend would shift from bullish to bearish.
.............................
🏅#GOLD / ⏱1-HOUR TIMEFRAME
👉To determine whether #GOLD will rise from this point or fall further to test the second support level before rising, we need to analyze the 1-hour timeframe:
✅If the RESISTANCE level of 2508.733 is broken FIRST, then the price will RISE from this point.
✅However, if the SUPPORT level of 2490.105 is broken FIRST, the price will FALL to the specified support zone (2466.520-2473.260) before potentially reversing and starting to RISE
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.
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.