GOLD
Technical analysis
The gold price seems to be gearing up to cross the last resistance and potentially reach a new high level. Currently, the price is steadily moving toward the critical level of 2789, which acts as a significant resistance point.
We should wait for the price to successfully break above 2789, confirming the bullish trend. However, traders should remain cautious, as reaching 2789 may trigger a correction before the price stabilises. After the correction and consolidation above 2789, the next upward movement is likely to take the price toward higher targets.
Technical analysis
The gold price seems to be gearing up to cross the last resistance and potentially reach a new high level. Currently, the price is steadily moving toward the critical level of 2789, which acts as a significant resistance point.
We should wait for the price to successfully break above 2789, confirming the bullish trend. However, traders should remain cautious, as reaching 2789 may trigger a correction before the price stabilises. After the correction and consolidation above 2789, the next upward movement is likely to take the price toward higher targets.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.