Gold continued its upside momentum after a clean breakout above the previous week’s high, leading to a strong one-way rally towards the weekly R2 level at 3754. At the moment, price is holding well above the rising trendline, showing no signs of major rejection or reversal. The immediate resistance remains at weekly R2, and a sustained break above this level could open the door for a move towards weekly R3 around 3800.
The overall structure is still bullish, with higher highs and higher lows firmly intact. For any meaningful correction to take place, price would first need to break below the rising trendline. A deeper retracement would require price to trade back under the previous week’s high, which would then shift the short-term bias toward the weekly pivot zone near 3672. Until then, dips are likely to be seen as buying opportunities.
The overall structure is still bullish, with higher highs and higher lows firmly intact. For any meaningful correction to take place, price would first need to break below the rising trendline. A deeper retracement would require price to trade back under the previous week’s high, which would then shift the short-term bias toward the weekly pivot zone near 3672. Until then, dips are likely to be seen as buying opportunities.
✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。
✅For Live Update on Gold Price and trade opportunities ; Join Free community
t.me/livepriceactiontrading
t.me/livepriceactiontrading
関連の投稿
免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。