Geopolitical tensions continue to be a catalyst supporting the gold rally. In today's trading session, XAU/USD is expected to continue to maintain above the 2,500 zone and has the potential to increase further. However, investors should note that if the price closes below 2,499 on the H4 time frame, it could be a sign of a short-term correction.
There is no news for gold today, the current trend is still sideways at 2482 and 2510, it can trade in this price range.
There is no news for gold today, the current trend is still sideways at 2482 and 2510, it can trade in this price range.
Note
💵XAUUSD SELL NOW 2509 - 2511⚜️TP1: 2495
⚜️TP2: 2490
♦️SL: 2520
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.