GOLD - The target of 2400 USD continues to be targeted!
Gold prices are currently wrestling with the $2,400 mark at the start of Wednesday, following a quiet close the previous day. The precious metal is making another bid to reclaim the $2,400 threshold as the U.S. dollar weakens slightly due to a dip in Treasury yields, all while anticipating a new lineup of speakers from the Federal Reserve.
Gold remains at a pivotal moment, although the odds seem to favor an upward movement. The metal needs a sustained 4-hour candle close above the key resistance trend line at $2,396 to confirm a bullish breakout.
The next significant barrier lies at the record high of $2,432, above which the psychological level of $2,450 looms enticingly, potentially setting the stage for further gains in this ever-dynamic market.
Gold remains at a pivotal moment, although the odds seem to favor an upward movement. The metal needs a sustained 4-hour candle close above the key resistance trend line at $2,396 to confirm a bullish breakout.
The next significant barrier lies at the record high of $2,432, above which the psychological level of $2,450 looms enticingly, potentially setting the stage for further gains in this ever-dynamic market.
İşlem aktif
Join the community group for the earliest support on short scalping and trading strategies!
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
✅ Knowledge of trading
✅ Support Free Trading Signals win rate 80%
FREE Chanel Signals: t.me/+TkyS7Rg4jN9iZjk1
