📌 Gold (XAUUSD)
Forming a pennant / ascending triangle with strong resistance near $3,390 – 3,400.
Volume is declining, suggesting indecision.
RSI holding above 50 but not powering higher → momentum is slowing.
MACD flatlining, no fresh bullish impulse yet.
👉 Breakout above $3,400 needed for continuation. Breakdown below $3,340 risks correction.
Forming a pennant / ascending triangle with strong resistance near $3,390 – 3,400.
Volume is declining, suggesting indecision.
RSI holding above 50 but not powering higher → momentum is slowing.
MACD flatlining, no fresh bullish impulse yet.
👉 Breakout above $3,400 needed for continuation. Breakdown below $3,340 risks correction.
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.