Gold May Resume the Bullish Trend by Year-End
Gold May Resume the Bullish Trend by Year-End
Since October 30, Gold has been in a bearish movement, but we are currently within a large corrective phase. The price reached a new low at 2537, but couldn't decline further.
Another low was established near 2582, indicating that the price is not ready to move down significantly yet.
Given the current development of Gold, it is possible that Gold may rise for another C wave up. Historically, Gold has experienced growth at the end of December and into January in previous years, which adds value to the bullish outlook.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Since October 30, Gold has been in a bearish movement, but we are currently within a large corrective phase. The price reached a new low at 2537, but couldn't decline further.
Another low was established near 2582, indicating that the price is not ready to move down significantly yet.
Given the current development of Gold, it is possible that Gold may rise for another C wave up. Historically, Gold has experienced growth at the end of December and into January in previous years, which adds value to the bullish outlook.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.