TradingGuruTop

GOLD CONTINUES TO INCREASE

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
Technical analysis from TradingView highlights that gold recently touched $2,360 and even approached $2,380 before facing some resistance and correcting downwards. Despite this, the sentiment remains that a round bottom pattern may indicate potential growth in prices, with key levels being watched at around $2,365 and $2,379​ (TradingView)​.

The ongoing developments and forecasts suggest that gold might continue to see bullish trends with key resistances and supports being tested. If you're actively trading or considering trading gold, watching these levels and the response to them could be crucial for understanding potential market movements this week.
Comment:
Gold has a new ATH

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.