Dear Traders,
"Gold broke through the 2660-2665 range yesterday. Given the strength of the US Dollar Index, this could have happened due to low trading volume. However, considering the breakdown of the short-term uptrend channel and the high momentum observed, I expect a price rebound to around 2690 within the next few days. As long as the price remains above 2725, I consider a correction scenario down to 2530 to be likely."
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
"Gold broke through the 2660-2665 range yesterday. Given the strength of the US Dollar Index, this could have happened due to low trading volume. However, considering the breakdown of the short-term uptrend channel and the high momentum observed, I expect a price rebound to around 2690 within the next few days. As long as the price remains above 2725, I consider a correction scenario down to 2530 to be likely."
"If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content."
Regards,
Alireza!
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
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.
💰MY FREE FOREX CRYPTO SIGNALS TELEGRAM CHANNEL: : t.me/Alirezaktrade
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.