Today seller lost the momentum. Gold broke out the channel and already retested around 2028-2030. Look like daily will stays above the retest zone. We should look for buys with posible target such as 2040-2052
Resistance: 2040, 2052, 2070
Support: 2030, 2025, 2012
Resistance: 2040, 2052, 2070
Support: 2030, 2025, 2012
Note
Daily perspectiveNote
First target reached. 2040!!Note
Gold running 150pips. Focus on 2048 an 2057 resistance levels
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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.