After bouncing from 3,268.42 zone, Gold have been showing strong bullish momentum until it found itself between resistance zone 3,400.00 and support zone 3,380.00.
Zones to watch:
Support zones:3,800.00⬇️, 3,500.00⬇️
Resistance Zone:3,400.00⬆️, 3,430.00⬆️
🔎BIAS:
🔼Bullish: Break and hold above 3,400.00 could extend gains towards 3,430.00
🔽Bearish: Break below 3,380.00 may lead to 3,350.00 and even deeper pullback towards 3,330.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Zones to watch:
Support zones:3,800.00⬇️, 3,500.00⬇️
Resistance Zone:3,400.00⬆️, 3,430.00⬆️
🔎BIAS:
🔼Bullish: Break and hold above 3,400.00 could extend gains towards 3,430.00
🔽Bearish: Break below 3,380.00 may lead to 3,350.00 and even deeper pullback towards 3,330.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
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.