Gold continues to the uptrend.
The price of gold breaks its lowest high creating a bullish opportunity where it could take prices close to $2050.
We are currently in the sub wave 3 that seeks to finish the major wave 3 of a higher wave 3.
We find next resistance in 2027and support in $2007. The market structure is still maintained, which indicates stability for Gold.
The
DXY should also be taken into account, where it could potentially make a lower low than the previous one, providing greater strength to the trajectory of gold, otherwise Gold would break into a correction to maintain its upward trend, something We will see in Monday's session.
Happy trading day traders
We are currently in the sub wave 3 that seeks to finish the major wave 3 of a higher wave 3.
We find next resistance in 2027and support in $2007. The market structure is still maintained, which indicates stability for Gold.
The
DXY should also be taken into account, where it could potentially make a lower low than the previous one, providing greater strength to the trajectory of gold, otherwise Gold would break into a correction to maintain its upward trend, something We will see in Monday's session.Happy trading day traders
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.