GOLD|REJECTED AT HIGHS, EYES CORRECTION BEFORE FURTHER DROP
The gold price recently established a resistance zone at the highs near $2,955 - $2,938, leading to a decline after failing to sustain above this level. Currently, it trades below this resistance, indicating that sellers have taken control. After the recent drop, the price might attempt a correction back towards $2,938 before continuing downward. This correction would serve as a retest of the broken resistance, which could now act as a strong barrier for further upside movement.
If the price fails to reclaim the resistance zone, it is likely to continue its decline towards the support area around $2,880 - $2,859. A break below this region would expose the next support at $2,844, a level where buyers might attempt to stabilize the price. However, if bearish momentum persists and gold falls below this key support, the next significant levels to watch are $2,820 and $2,782.
If the price fails to reclaim the resistance zone, it is likely to continue its decline towards the support area around $2,880 - $2,859. A break below this region would expose the next support at $2,844, a level where buyers might attempt to stabilize the price. However, if bearish momentum persists and gold falls below this key support, the next significant levels to watch are $2,820 and $2,782.
Dagangan aktif
The gold price has touched the support level for the second time but reversed due to recent developments regarding U.S. President Donald Trump's tariff plans. As a result, the price is expected to attempt to reach 2938, and above that, the final level at 2955.
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with best learning
Be Stronger With us
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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.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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.