Long

GOLD → Updated to the max. Growth may continue

updates its high to 2955, entering a clear zone where nothing prevents the price from continuing its rise. Economic risks and the dollar correction are still supporting the price of the metal

GOLD → ATH Retest. High chance of breakout and growth to $3K

Investors are seeking refuge in gold amid Trump's threats to impose another tariffs as early as next month.
Markets remain under pressure due to a lack of support from China and tensions between the US and EU over peace talks with Russia without Ukraine.
Although the Fed meeting minutes have gone unreported, investors remain focused on tariff negotiations, expecting gold prices to rise further amid market uncertainty
Technically, the strong bullish trend and rally continues. Focus on key levels and local range 2955 - 2946

Resistance levels: 2955
Support levels: 2946, 2938

The price is pinned at 2955, the next trigger, the breakdown of which will provoke the continuation of growth. But before that the gold may test the support zone 2946 - 2938. The growth may continue after a false breakdown of support.

Regards R. Linda!

RLinda

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