Gold Market Update: Ascending Sweep to Mitigate at $2519
Ascending Sweep:
Gold is currently moving within an ascending ranging channel, sweeping higher to mitigate prices.
The target for this upward movement is now $2519, where the market might see some significant action.
Mitigation at $2519:
The price is expected to reach $2519, which could act as a key level where the market might consolidate or reverse.
This level represents a potential mitigation point where previous market imbalances could be addressed.
Gold is currently moving within an ascending ranging channel, sweeping higher to mitigate prices.
The target for this upward movement is now $2519, where the market might see some significant action.
Mitigation at $2519:
The price is expected to reach $2519, which could act as a key level where the market might consolidate or reverse.
This level represents a potential mitigation point where previous market imbalances could be addressed.
Note
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.
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.