Gold continues to record new highs each day, trading firmly above the historic 4,000 mark, as investors seek safe-haven assets amid rising economic and political uncertainties. Once the price crosses the 4,045 level, we could see an early move toward 4,065.
Technical Outlook:
From a technical perspective, the price structure suggests that if gold closes above 4,045, it would confirm the completion of a triangle pattern, potentially supporting a continuation of the uptrend. However, traders should remain cautious, as buying at these elevated levels carries higher risk.
If the breakout holds, the short-term support level is seen around 4,020, while the long-term support remains near 4,000. A failure to hold above 4,045 could trigger a short-term pullback toward these support zones.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support like and comments for better analysis Thanks for Supporting
Technical Outlook:
From a technical perspective, the price structure suggests that if gold closes above 4,045, it would confirm the completion of a triangle pattern, potentially supporting a continuation of the uptrend. However, traders should remain cautious, as buying at these elevated levels carries higher risk.
If the breakout holds, the short-term support level is seen around 4,020, while the long-term support remains near 4,000. A failure to hold above 4,045 could trigger a short-term pullback toward these support zones.
You may find more details in the chart.
Trade wisely best of Luck.
Ps; Support like and comments for better analysis Thanks for Supporting
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Join My telegram Channel
t.me/AnalysisGold2
Free Forex Signals
t.me/Jamessignals11
t.me/AnalysisGold2
Free Forex Signals
t.me/Jamessignals11
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。