Kinross Gold (KGC) Approaching Key Resistance!
Kinross Gold Corporation (NYSE: KGC) is showing strong momentum, with today's close at $10.79, up by 4.66%.
Key Resistance Level: $10.84 – Price has tested this level multiple times but has yet to break above it. A breakout could signal a bullish continuation.
Support Zone: $9.05 – This serves as a critical base where the price previously bounced.
Technical Indicators:
Moving averages are trending upwards, indicating improving bullish sentiment.
Increasing volume on recent green candles adds confidence to the breakout potential.
What to Watch:
A daily close above $10.84 with higher-than-average volume could trigger a bullish breakout.
Rejection at $10.84 may lead to a pullback, providing buying opportunities near $10.
Disclaimer: This is not financial advice. Always conduct your own research before trading.
Key Resistance Level: $10.84 – Price has tested this level multiple times but has yet to break above it. A breakout could signal a bullish continuation.
Support Zone: $9.05 – This serves as a critical base where the price previously bounced.
Technical Indicators:
Moving averages are trending upwards, indicating improving bullish sentiment.
Increasing volume on recent green candles adds confidence to the breakout potential.
What to Watch:
A daily close above $10.84 with higher-than-average volume could trigger a bullish breakout.
Rejection at $10.84 may lead to a pullback, providing buying opportunities near $10.
Disclaimer: This is not financial advice. Always conduct your own research before trading.
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.
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.