- Gold recently broke resistance level 3400.00
- Likely to rise to resistance level 3500.00
Gold recently broke the resistance level 3400.00 coinciding with the resistance trendline of the daily Triangle from April.
The breakup of the resistance level 3400.00 accelerated the active impulse wave 3 of the intermediate impulse wave (5) from the middle of May.
Gold can be expected to rise to the next major resistance level 3500.00 (former monthly high from April. which stopped the previous impulse wave (3)).
- Likely to rise to resistance level 3500.00
Gold recently broke the resistance level 3400.00 coinciding with the resistance trendline of the daily Triangle from April.
The breakup of the resistance level 3400.00 accelerated the active impulse wave 3 of the intermediate impulse wave (5) from the middle of May.
Gold can be expected to rise to the next major resistance level 3500.00 (former monthly high from April. which stopped the previous impulse wave (3)).
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Feragatname
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.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Feragatname
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.