GOLD (XAUUSD): Bullish Confirmation After Breakout
📈GOLD updated the all-time high, violating the previous intraday horizontal resistance.
After the breakout, the market tested the new level and began to consolidate on the hourly chart.
Breaking above the upper boundary of this range is a strong sign of continued bullish momentum, suggesting that the price is likely to increase further.
The next target is 2940.
After the breakout, the market tested the new level and began to consolidate on the hourly chart.
Breaking above the upper boundary of this range is a strong sign of continued bullish momentum, suggesting that the price is likely to increase further.
The next target is 2940.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.