Gold is back at the key level of 2000 the round number major resistance, which now aligns with the 38.20% fib retracement level.
Anticipating further weakness in the DXY, this could see Gold climb higher, breaking above the resistance level, and continuing with the overall uptrend.
A break of the resistance could see the price climb to retest the previous high of 2031.60
Anticipating further weakness in the DXY, this could see Gold climb higher, breaking above the resistance level, and continuing with the overall uptrend.
A break of the resistance could see the price climb to retest the previous high of 2031.60
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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.