🥇 GOLD Bullish potential gains momentum
Gold seeks to retest the 1925 area of interest and the 1924 resistance level. A break-up of this area can take it up to 1959.
1) Near-term retest (within one day) is a strong signal for a possible break-up of the 1924.6 level.
2) The trend is ascending.
3) The price has a strong rise, but at the same time there is no deep pullback.
4) There is a volume void between the levels 1925 and 1960, therefore if the price gets higher than support, it will rather quickly reach resistance
5) I expect growth from the level of 1925 to 1940, and then to 1960
1) Near-term retest (within one day) is a strong signal for a possible break-up of the 1924.6 level.
2) The trend is ascending.
3) The price has a strong rise, but at the same time there is no deep pullback.
4) There is a volume void between the levels 1925 and 1960, therefore if the price gets higher than support, it will rather quickly reach resistance
5) I expect growth from the level of 1925 to 1940, and then to 1960
❤️ Telegram channel: t.me/AndeWave
❤️ Telegram channel: t.me/AndeWave
Feragatname
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