Gold Market Outlook: Analyzing Buy Signals and ATH Possibilities
A great purchase opportunity is indicated by our current market analysis, which shows a tested support level at 2735-2730. Given these indicators, the market might hit a new all-time high (ATH). My research suggests that XAUUSD is a good buy, especially as fundamentals imply that the dollar may depreciate, likely strengthening gold’s value. Additionally, we can expect selling pressure around the supply level of 2773-2780,
but I’m also confident that NFP (Non-Farm Payroll) shows a compelling buying opportunity.
A*boost would be greatly appreciated if you found this analysis useful; it’s always encouraging to know my observations are understood!
but I’m also confident that NFP (Non-Farm Payroll) shows a compelling buying opportunity.
A*boost would be greatly appreciated if you found this analysis useful; it’s always encouraging to know my observations are understood!
Note
buy update
Note
HOLD your buys till NFP
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.
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.