Or / Dollar Américain
Long
Mis à jour

GOLD at Wedge Pattern

201
Greetings, dear friends! Let's dive into today's gold price trends together!

As anticipated, gold continues its subdued trading, still unable to break through the resistance level of $2035. However, it's holding steady, elegantly navigating within a price wedge pattern. We stand at a crossroads, awaiting pivotal market news that could swing the pendulum in one of two directions:

Scenario one: Gold breaks free from the wedge, descending towards the support level at $2017.

Scenario two: Gold surmounts the $2035 resistance, aiming for the current bullish expectation at $2050.
I'm leaning towards scenario two with high anticipation. What about you?

BUY @ 2025-2026

TP 1: 2030
TP 2: 2035

SL :2022
Note
Now Again

Sell @ 2033-2034

TP 1: 2025
TP 2: 2018

SL 2038

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.