Gold is currently trading at 2,987, showing significant bullish momentum after breaking above its previous all-time high of 2,956.73 (weekly pivot level). The recent price action showing strong upward momentum with a clear breakout pattern ,Gold has successfully broken and established price action above the previous all-time high of 2,956.73, which is now acting as a support level.
Potential Scenarios:
Primary Scenario (Bullish continuation): Expect continued momentum toward R1 (3,033) or potentially 3,050 as the recent breakout remains strong.
Secondary Scenario (Pullback then rise): Price may retrace to test the weekly pivot at 2,956 (previous ATH) before resuming its upward trajectory.
Potential Scenarios:
Primary Scenario (Bullish continuation): Expect continued momentum toward R1 (3,033) or potentially 3,050 as the recent breakout remains strong.
Secondary Scenario (Pullback then rise): Price may retrace to test the weekly pivot at 2,956 (previous ATH) before resuming its upward trajectory.
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✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
Publikasi terkait
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.