gold update
Gold Update:
Gold has experienced a significant downturn since yesterday, marked by a 3% decline.
Currently, the outlook for gold is not favorable. However, it's important to note that this decline doesn't necessarily signify a selling opportunity. Instead, it suggests that gold needs to undergo a corrective phase before resuming its upward trajectory.
Our analysis indicates that gold's correction will likely take the form of an ABC pattern, leading it to reach a buying zone. From there, we anticipate its ascent to continue towards higher levels.
Stay tuned for further updates as we monitor the market closely.
Gold has experienced a significant downturn since yesterday, marked by a 3% decline.
Currently, the outlook for gold is not favorable. However, it's important to note that this decline doesn't necessarily signify a selling opportunity. Instead, it suggests that gold needs to undergo a corrective phase before resuming its upward trajectory.
Our analysis indicates that gold's correction will likely take the form of an ABC pattern, leading it to reach a buying zone. From there, we anticipate its ascent to continue towards higher levels.
Stay tuned for further updates as we monitor the market closely.
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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.
Publications connexes
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.