US30 is trading in a steady upward channel after breaking out of its previous consolidation range. Price is holding above support and showing strong bullish momentum.
As long as it stays above the current breakout zone, the market is positioned to push higher toward the next psychological level around 48,205. Buyers remain in control, and any pullbacks into the trendline support may attract fresh buying pressure.
If the price test the support level after again price range bullish from the current range we could expect price remains chance for bullish pattern.
You may find more details in the chart.
Trade wisely best of Luck buddies.
Ps; Support with like and comments for better analysis thanks for supporting.
As long as it stays above the current breakout zone, the market is positioned to push higher toward the next psychological level around 48,205. Buyers remain in control, and any pullbacks into the trendline support may attract fresh buying pressure.
If the price test the support level after again price range bullish from the current range we could expect price remains chance for bullish pattern.
You may find more details in the chart.
Trade wisely best of Luck buddies.
Ps; Support with like and comments for better analysis thanks for supporting.
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Join My telegram Channel
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t.me/AnalysisGold2
Free Forex Signals
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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.