Here is the translation of the article in English:
Technically, gold remains stable. The yellow metal continues to trade within a long-term upward channel, as long as gold remains above $3,288, traders are likely to target the next major resistance level at $3,435. A decisive breakthrough of this level could pave the way for a new upward wave.
Currently, the short-term trading range is between the support level at $3,330 and the resistance level at $3,435. Expectations remain positive, and any declines are likely to attract new buying interest amid ongoing global uncertainty.
Trading Recommendations:
Buy Gold
Entry Price: $3,333
Stop Loss: $3,288
1. Take Profit: $3,450
2. Take Profit: $3,550
Technically, gold remains stable. The yellow metal continues to trade within a long-term upward channel, as long as gold remains above $3,288, traders are likely to target the next major resistance level at $3,435. A decisive breakthrough of this level could pave the way for a new upward wave.
Currently, the short-term trading range is between the support level at $3,330 and the resistance level at $3,435. Expectations remain positive, and any declines are likely to attract new buying interest amid ongoing global uncertainty.
Trading Recommendations:
Buy Gold
Entry Price: $3,333
Stop Loss: $3,288
1. Take Profit: $3,450
2. Take Profit: $3,550
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.