Gold MAY dip to 2470 before its next big move up – stay alert!
Upon further review, it appears gold is set to dip before making its next move up. After breaking below the 2491-2494 order block, it's likely gold will tap into the 1H imbalance, which could drive prices lower before a potential reversal. While some consolidation might occur, the short-term outlook suggests a move down toward the 2470 level before any bullish momentum returns.
However, if gold breaks past the imbalance, we may see it test the previously failed 2505-2509 order block and continue higher. With a weakening dollar, there's a possibility gold could push beyond its all-time highs, fueling a strong bullish breakout.
However, if gold breaks past the imbalance, we may see it test the previously failed 2505-2509 order block and continue higher. With a weakening dollar, there's a possibility gold could push beyond its all-time highs, fueling a strong bullish breakout.
Catatan
Perfectly predicted.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.