Will gold fly read the caption

6 gün önce

The chart represents a daily (1D) analysis of Gold (XAUUSD) trading on the CAPITALCOM platform. The current market prices are 2,640.70 for sell and 2,641.00 for buy. The key points of the analysis are:

1. Current Price Movement: The price is moving in a range between 2,600 and 2,670. The chart shows a consolidation pattern with potential for a breakout.


2. Resistance Level: The resistance level is marked at 2,671.79. The analysis suggests that if the price breaks this resistance, the next target is 2,700.


3. Projected Movement: The chart indicates a potential bullish move. After breaking the resistance level, the price is expected to trend upwards, potentially reaching the 2,700 mark.


4. Volume Profile: The right side of the chart shows a volume profile indicating higher trading activity around the current price range, suggesting a significant level of interest from traders at these levels.


5. Technical Indicators: No specific indicators are shown on the chart, but the pattern and breakout analysis suggest reliance on price action and volume as key tools for this analysis.



This chart reflects a bullish outlook if the price successfully breaks the resistance at 2,671, with a target set at 2,700.

6 gün önce

İşlem aktif

6 gün önce

Not

Keep hold

6 gün önce

Not

Gold will fly

6 gün önce

Not

60 pips running keep hold