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Gold: No Signs of Reversal - Bullish Momentum is Intact

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Gold: No Signs of Reversal - Bullish Momentum is Intact

Gold continues its bullish momentum, showing no signs of reversal on the horizon. In less than 24 hours, the price surged from $3,245 to $3,356, reinforcing strong upward pressure.

What’s Next?

If this trend persists, the next key resistance levels to watch could be around $3,400; $3450 and $3500

A possible consolidation may occur before further upside, but so far, there are no indications of a bearish correction.

You may watch the analysis for further details!
Thank you and Good Luck!

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Dagangan ditutup: sasaran tercapai
syot kilat

Gold remains in a strong uptrend, despite lacking a clear reason for the rise. Market manipulation continues to play a significant role, and concerns about a U.S. recession appear to be largely speculative rather than fundamental.

As anticipated, the price formed a deceptive bearish break before confirming a larger bullish pattern. Gold's momentum remains upward, with potential targets at 3400, 3450, and 3500.
Nota
syot kilat

Penafian

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