Gold is currently encountering resistance around the 2410 level, showing signs of consolidation. The next few hours will be crucial in determining its direction.
Key Levels to Watch:
If the price fails to break above 2410, I anticipate a downside movement towards 2392.
A sustained breakout above 2410 could lead to a further advance towards 2424.
Key Levels to Watch:
If the price fails to break above 2410, I anticipate a downside movement towards 2392.
A sustained breakout above 2410 could lead to a further advance towards 2424.
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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.