Gold Spot / U.S. DollarUpdated Gold Price Update (XAU/USD): Potential Reversal Ahead?
The price is approaching the resistance zone at 2721.148, a level previously tested and rejected. A bearish pullback from this area could drive the price toward the support at 2649.948.
If momentum builds further, the next target could be around 2591.581. Watch closely for confirmation near the resistance before making any decisions.
Trade smart and stay sharp, traders! 🚀
If momentum builds further, the next target could be around 2591.581. Watch closely for confirmation near the resistance before making any decisions.
Trade smart and stay sharp, traders! 🚀
Trade closed: stop reached
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Related publications
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.