Gold Spot / U.S. DollarUpdated Gold Market Hits New High at $2,940 – What’s Next?
Gold market sentiment remains bullish, marking a new all-time high at $2,940. A potential daily pullback is anticipated, with a sweep through $2,877 before the next move.
If bullish momentum holds, $2,980-$3,000 could be the next key targets. However, if sentiment shifts, a retracement toward $2,870"s-$2,830"s may serve as a substantial demand zone before the next bullish move.
Stay alert to USD strength and macroeconomic factors, as they will play a crucial role in upcoming price action. follow for more insights , comment and boost idea
If bullish momentum holds, $2,980-$3,000 could be the next key targets. However, if sentiment shifts, a retracement toward $2,870"s-$2,830"s may serve as a substantial demand zone before the next bullish move.
Stay alert to USD strength and macroeconomic factors, as they will play a crucial role in upcoming price action. follow for more insights , comment and boost idea
Trade active
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.
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.