Gold Spot / U.S. DollarUpdated

Gold Rise up to hit the 1st Target

After gold prices hit $2.560.00 it gained a strong momentum pushing it up to hit 2.673.00 as the first target for this bullish movement.

price might hold a pit within this area but its more likely to continue the bullish momentum targeting 2.740.00

if the price got any reflecting signals it may fall again to hit 2.540.00
Trade active
After passing $2,673 Gold used the gained momentum to continue rising towards $2,740

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.