Gold Spot / U.S. DollarUpdated "Gold Struggles to Reclaim Support:Key Level $2,928 for Reversal
Gold broke below the lower trend line as expected, confirming a bearish move. Its first attempt to regain the lost support around $2,920 was rejected, showing continued selling pressure. For the sell-off to be considered over, gold must trade and hold above $2,928, ideally closing above $2,935–$2,940 to confirm strength. If it fails to reclaim this level, further downside toward $2,860 remains possible making low highs
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After predicted Fall Gold Recover All His Fallout. Now it Will face rejection from resistance area 2920-2922 and key level 2928-30 for downward again
Support areas 2890-92 , and 2874-2876
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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.