On daily timeframe,
Gold (
XAUUSD) tried and failed 3 times ATH 2079.
Gold pullback 7% and bounced from Support Level (0.5Re) at 1940.
I think Gold will test and break ATH with good signals
- RSI 50.99 and crossover RSI MA50
- Medium Volume shows buying pressure
Nearest Resistance at 2000
Let's wait and see
Gold (
XAUUSD) tried and failed 3 times ATH 2079.Gold pullback 7% and bounced from Support Level (0.5Re) at 1940.
I think Gold will test and break ATH with good signals
- RSI 50.99 and crossover RSI MA50
- Medium Volume shows buying pressure
Nearest Resistance at 2000
Let's wait and see
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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.