GOLD: Is Gold About to Lose Its Bullish Momentum?
Is Gold About to Lose Its Bullish Momentum?
The bullish trend is still intact
From our first analysis on January 6th, gold has unfolded as expected. Currently, gold has reached 2700, a strong psychological level. If the price manages to hold above this zone, the bullish trend may continue.
However, caution is necessary as gold has been rejected several times near 2720, which corresponds to the completion of a larger pattern and a strong structure zone from the past.
You may watch the analysis for further details!
Thank you:)
The bullish trend is still intact
From our first analysis on January 6th, gold has unfolded as expected. Currently, gold has reached 2700, a strong psychological level. If the price manages to hold above this zone, the bullish trend may continue.
However, caution is necessary as gold has been rejected several times near 2720, which corresponds to the completion of a larger pattern and a strong structure zone from the past.
You may watch the analysis for further details!
Thank you:)
Trade closed: target reached
✅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
Related publications
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 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
Related publications
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.