Next week Gold turning points
1. Support Level: Around 2,896.351
2. Resistance Level: Around 2,940.000
3. Current Price: 2,909.550
4. Distance Between Support and Resistance:
2,940.000 - 2,896.351 = 43.649 (USD)
Price Movement Analysis:
If the price bounces from support (2,896.351) and reaches resistance (2,940.000), the potential upside movement is 43.649 USD.
If the price breaks below support, it could indicate further downside.
The chart suggests a potential bullish breakout if the price holds above support and moves toward resistance.
2. Resistance Level: Around 2,940.000
3. Current Price: 2,909.550
4. Distance Between Support and Resistance:
2,940.000 - 2,896.351 = 43.649 (USD)
Price Movement Analysis:
If the price bounces from support (2,896.351) and reaches resistance (2,940.000), the potential upside movement is 43.649 USD.
If the price breaks below support, it could indicate further downside.
The chart suggests a potential bullish breakout if the price holds above support and moves toward resistance.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.
Trade XAU/USD with expert signals Join World Expert Trading for reliable, profitable Gold trading insights Start now [t.me/WorldExpertTrading1]
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.