Gold Shows a bullish trend
BULLISH OUTLOOK:
GOLD price are expected to rise today, as continueasly bullish today, driven by a weekening US dollar and increasing for safe heaven assets.
TECHNICAL ANALYSIS:
on the technical front, gold is trading between the 2690 to 2610, moving average, indicating a bullish trend .and the relative RSI is also pointing to oversold conditions, suggesting a potential rebound.
SNR
key level for GOLD are at 2624 and 2616, while resistance levels for GOLD are at 2674 and 2678.
TRADING STRATEGY :
based on our analysis, we recommend a long position in gold targeting a move towards 2680 and 2700. however, traders should be cautions of potential pullbacks and adjust their strategies accordingly.
BEST WISHES TOM 😎
GOLD price are expected to rise today, as continueasly bullish today, driven by a weekening US dollar and increasing for safe heaven assets.
TECHNICAL ANALYSIS:
on the technical front, gold is trading between the 2690 to 2610, moving average, indicating a bullish trend .and the relative RSI is also pointing to oversold conditions, suggesting a potential rebound.
SNR
key level for GOLD are at 2624 and 2616, while resistance levels for GOLD are at 2674 and 2678.
TRADING STRATEGY :
based on our analysis, we recommend a long position in gold targeting a move towards 2680 and 2700. however, traders should be cautions of potential pullbacks and adjust their strategies accordingly.
BEST WISHES TOM 😎
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Telegram Channel For Free Accurate Singnals 👇 👇
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Stay grouped with us we try to provide you best 🤩
For any help contact us on telegram 👇👇
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t.me/+KbeYQsATx7diNjE8
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.