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Gold Futures
Long

#GOLD|| 26 Dec || Intraday setup

266

🔸Timeframe: 4 hour
🔸Intraday strategy: Neutral
🔸Long time Strategy: Long


Following the holiday break, gold has risen, and forecasts anticipate a further increase. Expectations of Federal Reserve interest rate cuts, coupled with lower-than-expected Core PCE index data, are driving investor interest and providing opportunities for gold price growth.

If resistance broken next target would be 64000, which might take couple of weeks to achive.

Resistance: 63275
Support: 63101
Shalvisharma5
Also on:
Chart PatternsHarmonic PatternsTrend Analysis

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.
Chart PatternsHarmonic PatternsTrend Analysis
Shalvisharma5
Also on:

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.