Gold is struggling at the 2906–2907 resistance on both H1 and D1 timeframes. it is failed to break this level in H1 time frame , Now we could see a drop toward the 2883/2880 support zone. A break below that could extend the bearish move to 2864.
However, if gold manages to break and hold above 2907, expect bullish momentum to continue. Keep an eye on price action around these key levels!
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.
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.