The price of gold continues to rise, confirming the breach of the 2870 level, with the path open towards our main expected target at 2910.00. The upward trend remains valid and effective for today, structured within the ascending channel displayed on the chart. However, it is crucial to emphasize that the continuation of this upward wave depends on stability above the $2870 level.
While the current trajectory supports further gains, it is important to exercise caution, as sudden retreats are possible at high levels and during continuous climbs.
Tendency Keys: 2870
Resistance Line: 2870, 2010.
Support Line: 2844, 2812, 2778