Gold at key level, watch out for breakouts!
Gold is currently at a key level in the vicinity of 1873. Looking at yesterday's daily
candle, it seems that the bulls have run out of momentum.
So, there is possibility of a pullback to 1835-1840.
On the other hand, if price breaks out of this key level, then the next target
for the bulls would be the 1960 area as there is not much resistance after 1873.
candle, it seems that the bulls have run out of momentum.
So, there is possibility of a pullback to 1835-1840.
On the other hand, if price breaks out of this key level, then the next target
for the bulls would be the 1960 area as there is not much resistance after 1873.
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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.
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.