🥇Gold is not letting up for another day, again the bulls are attacking without allowing the price to fall.
🥇We are currently at a key point on the chart. Around the recent local peaks.
🥇Hopefully, in a wave of a strong uptrend, it will be broken through and we will land on the resistance zone marked on the chart.
🥇Looking at the technical environment, I have no doubts about the validity of my upward scenario. Looking at the MACD and RSI which are generating so strongly upward signals.
🥇The support zone remains unchanged, around the last current lows.
🥇The scenario I'm playing out is a continuation of the increases to the vicinity of the resistance zone. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🥇*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
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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.