Chart pattern detected in Gold !!
Gold is forming a pennant pattern on the 4H chart, signaling potential breakout momentum. Resistance is at 2760, with strong support at 2745. A breakout above 2760 could drive prices toward the all-time high of 2790.
Trade active
Price took resistance at 2790 all time high, made high of 2786 on Friday 24-01-2025. keep eye on 2760 and 2735 level, a potential buying levels. 2700 will be the strong support for the price. Target is open at 2800/2845/2900....
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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.