In an ideal scenario, I would expect the market to pull back to the broken level, followed by a continuation of the upward trend. If the market rolls back to the support level or previous higher high and then bounces off it, we can look for confirmation of a buying opportunity. We have two potential buying areas at 2400 and 2370. It's crucial to pay attention to the 2430 resistance level, which triggered a massive sell-off. If the market fails to close above this barrier, we may see a retest that could potentially turn into a double top and lead to a bearish move. However, current market conditions are more favorable for rising gold prices due to several factors. Firstly, the current geopolitical situation is favorable for gold. Secondly, the US is printing money, but also has significant budget borrowings, which could lead to higher gold prices. Finally, central banks around the world are actively buying gold, which is a positive sign for the metal's future.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
交易結束:目標達成
The price hit the target pip by pip.💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。