XAU/USD Daily Analysis
Price has now broken through daily resistance at $2475 per ounce and created an all time high with strong bullish momentum on Friday.
We can now look for price to form a new resistance level and retest/reject the same zone (2475), which would potentially indicate more upside to come.
With price making an all time high, sellers of physical gold may see now as a great opportunity to sell and bank profits. This in turn, could mean that we see last weeks price action as a false break. Price action this week will be key.
We can now look for price to form a new resistance level and retest/reject the same zone (2475), which would potentially indicate more upside to come.
With price making an all time high, sellers of physical gold may see now as a great opportunity to sell and bank profits. This in turn, could mean that we see last weeks price action as a false break. Price action this week will be key.
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Low-Cost Trading, for everyone, everywhere.
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.