Gold is currently ranging within a high of 2650 and lows of 2640 and 2630 on the 30-minute timeframe. This range presents potential opportunities for scalping at the upper and lower boundaries. However, if the price breaks and sustains above the 2650 level, it could signal a rally toward 2660. Conversely, a break and sustained movement below 2630 may lead to a...
XAUUSD is currently ranging. If a 1-hour candlestick closes above the range, it would indicate a potential bullish breakout, suggesting a buy opportunity. Conversely, if a 1-hour candlestick closes below the range, it could signal a bearish breakout, indicating a potential sell setup.
Gold may decline further to test resistance at the lower edge of the channel.
XAUUSD_Gold could be bullish in the coming weeks. This is a weekly time frame of the chart pattern. Let's see, what the market brings to the table!
Gold could be bullish in the coming weeks. This is a weekly time frame of the chart pattern. Let's see, what the market brings to the table!