Gold Risng
#trading_idea #Gold 💡
👑#Gold- Outlook
On the 4H chart, prices are near the upper Bollinger Band, suggesting potential overbought conditions. The MACD is above the signal line with a growing histogram, showing strong bullish momentum, while the Bull Bear Power indicator also highlights increasing buying strength after a recent pullback from the support level.
🔼If the price breaks above the resistance level of 2510, further rise towards the next resistance at 2517 is possible.
🔽Alternatively, If the price fails to break above 2510 and starts to pull back, a decline towards the support level at 2500 and lower could occur.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
➡️GET $20,000 JUST FOR $99
👑#Gold- Outlook
On the 4H chart, prices are near the upper Bollinger Band, suggesting potential overbought conditions. The MACD is above the signal line with a growing histogram, showing strong bullish momentum, while the Bull Bear Power indicator also highlights increasing buying strength after a recent pullback from the support level.
🔼If the price breaks above the resistance level of 2510, further rise towards the next resistance at 2517 is possible.
🔽Alternatively, If the price fails to break above 2510 and starts to pull back, a decline towards the support level at 2500 and lower could occur.
🔴 Click "👍" if you think the price will rise and "👎" if you think it will fall.
➡️GET $20,000 JUST FOR $99
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