Gold
In the first trading session of the week, gold prices moved sideways within the accumulation zone of 2921-2941, forming a strong liquidity area.
Two important price zones today:
* Resistance zone: 2945-2943 (key resistance area)
* Support zone: 2930 - 2933 (crucial correction level)
- We will observe the market at the current resistance zone. If there is any strong upward movement today confirming a breakout from the sideways range (with a confirmed candle close), we can expect strong bullish momentum to create a new ATH in the 2958 - 2972 - 2987 zone.
Two important price zones today:
* Resistance zone: 2945-2943 (key resistance area)
* Support zone: 2930 - 2933 (crucial correction level)
- We will observe the market at the current resistance zone. If there is any strong upward movement today confirming a breakout from the sideways range (with a confirmed candle close), we can expect strong bullish momentum to create a new ATH in the 2958 - 2972 - 2987 zone.
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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.