Gold is currently trading at 2,987, showing significant bullish momentum after breaking above its previous all-time high of 2,956.73 (weekly pivot level). The recent price action showing strong upward momentum with a clear breakout pattern ,Gold has successfully broken and established price action above the previous all-time high of 2,956.73, which is now acting as a support level.
Potential Scenarios:
Primary Scenario (Bullish continuation): Expect continued momentum toward R1 (3,033) or potentially 3,050 as the recent breakout remains strong.
Secondary Scenario (Pullback then rise): Price may retrace to test the weekly pivot at 2,956 (previous ATH) before resuming its upward trajectory.
Potential Scenarios:
Primary Scenario (Bullish continuation): Expect continued momentum toward R1 (3,033) or potentially 3,050 as the recent breakout remains strong.
Secondary Scenario (Pullback then rise): Price may retrace to test the weekly pivot at 2,956 (previous ATH) before resuming its upward trajectory.
✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。