📢As Of April 22, 2025 Gold (XAU/USD) is Exhibiting Strong Bullish movement Having recently Reached a Record high Of 3431.70 per ounce.
📌Key Levels:
✅️Resistance: Immediate resistance is observed around $3452 A breakout above this level could pave the way toward $3,485 and potentially $3,500 in the near term.
✅️Support: Support is established near $3,392. A decline below this point may lead to a correction toward the $33,74 level.
📈Market Outlook:
While the overall trend remains bullish, the overbought RSI suggests caution, as a short-term pullback is possible. So If it's decline below this point it will Drop to 3374-70
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📌Key Levels:
✅️Resistance: Immediate resistance is observed around $3452 A breakout above this level could pave the way toward $3,485 and potentially $3,500 in the near term.
✅️Support: Support is established near $3,392. A decline below this point may lead to a correction toward the $33,74 level.
📈Market Outlook:
While the overall trend remains bullish, the overbought RSI suggests caution, as a short-term pullback is possible. So If it's decline below this point it will Drop to 3374-70
🚀Don't Forget to Support me With Your Precious Feedback 💗
Trade closed: target reached
Target hit.
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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.