gold still on buy
#XAUUSD) remains in a bullish trend, but a temporary drop below $2,947 is expected before resuming upward momentum. A buy entry at this level presents a good opportunity, with a take profit target at $2,965 and a stop loss at $2,938 to manage risk.
However, if the price falls below $2,932, strong bearish pressure could take over, potentially leading to a deeper decline below 2910.
However, if the price falls below $2,932, strong bearish pressure could take over, potentially leading to a deeper decline below 2910.
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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.