The recent US release are bad for GOLD, leading to a breakout from its established trend channel. This break signifies a shift in market sentiment and warrants our attention as potential traders. Additionally, the price has fallen below two crucial support levels, situated at 1954 & 1963, and these levels may now act as resistance zones.
GOLD hasn't yet touched a critical support area located around 1940. Historically, this level has shown significant relevance in the past, acting as a reliable support zone during previous price fluctuations.
My goal is 1941.11 there is a strong possibility that the price may gravitate towards this zone for a potential support test.
GOLD hasn't yet touched a critical support area located around 1940. Historically, this level has shown significant relevance in the past, acting as a reliable support zone during previous price fluctuations.
My goal is 1941.11 there is a strong possibility that the price may gravitate towards this zone for a potential support test.
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.