Gold Price Analysis| Bullish
Hi there,
The gold price is anticipated to drop for a pullback and rise to three potential levels, targeting a bias of 2745.736, in accordance with the W-Z pattern of ABC-D.
The (DX) is where most bullish pressure was active, which was almost at the retest of the dotted trendline break. If the bears break the dotted trendline, the setup will be invalidated.
Overall, gold is unstable, lacking clear volatility. A possible indication of clarity may come next month.
Happy Trading!
K.
The gold price is anticipated to drop for a pullback and rise to three potential levels, targeting a bias of 2745.736, in accordance with the W-Z pattern of ABC-D.
The (DX) is where most bullish pressure was active, which was almost at the retest of the dotted trendline break. If the bears break the dotted trendline, the setup will be invalidated.
Overall, gold is unstable, lacking clear volatility. A possible indication of clarity may come next month.
Happy Trading!
K.
Trade fermée manuellement
That is fine
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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.