📈Resistance Levels:
$2942 (All-Time High Key Resistance)
$2950 (Potential Breakout Level)
$2960 (Bullish Extension)
$2975 (Major Psychological Level)
$2990 (Potential Next High Zone)
📉 Bearish Outlook:
If Gold fails to hold $2936 and breaks $2920 expect a move toward $2905 $2895 and $2880
A break below $2865 would confirm a stronger bearish trend.
📈Bullish Outlook: If Gold stays above $2936 and breaks $2942 expect an upward push toward $2950 $2960, and $2975
A new breakout above $2975 could push Gold toward $2990 and beyond.
Gold is moving as per our analysis track levels and manage risk carefully!
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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.