GOLD Analysis
CMP 2953.190 (03-08-2025 02:35AM PST)
Still Bullish on Bigger time frames.
Currently trading in a Rectangular Channel
with Immediate Support around 3260- 3270 &
Immediate Resistance around 3455 - 3460.
Weekly candle closing above 3340 - 3345 would
be a positive sign.
If this level is sustained, we may witness 3600 &
then 3800+
In Case of Extreme Selling Pressure, 3260 may break
& then the price may touch 3050 - 3100
CMP 2953.190 (03-08-2025 02:35AM PST)
Still Bullish on Bigger time frames.
Currently trading in a Rectangular Channel
with Immediate Support around 3260- 3270 &
Immediate Resistance around 3455 - 3460.
Weekly candle closing above 3340 - 3345 would
be a positive sign.
If this level is sustained, we may witness 3600 &
then 3800+
In Case of Extreme Selling Pressure, 3260 may break
& then the price may touch 3050 - 3100
MM - House of Technicals
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.
MM - House of Technicals
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.