FenzoFx—Gold has taken out the previous day's high, currently testing this level as support. The immediate support is at $3,352.0, below the bullish candle that broke the resistance.
From a technical perspective, the uptrend will likely resume if the support holds. In this scenario, the next bullish target will likely be the order block with the highest resistance price at $3,380.
From a technical perspective, the uptrend will likely resume if the support holds. In this scenario, the next bullish target will likely be the order block with the highest resistance price at $3,380.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
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.