Gold continues its bullish movement within the rising channel structure. Currently, the price is approaching a critical resistance zone.
Key Focus:
We are watching for a clear breakout above 3394. A successful break and close above this level will confirm momentum and suggest further upside potential.
Next Resistance Levels:
If the price crosses 3394 convincingly, we anticipate the next resistance zone between 3400 – 3420 to be tested.
Price is respecting the rising trendline. Bullish momentum remains strong as long as support levels hold and price stays above 3375 If confirmed, price may continue toward the 3400–3420 resistance zone. A move beyond 3420 could open doors for further upside.
If You Like this idea if you have on Opinion about this analysis share in comments. I'm excited to Read your comments.
Key Focus:
We are watching for a clear breakout above 3394. A successful break and close above this level will confirm momentum and suggest further upside potential.
Next Resistance Levels:
If the price crosses 3394 convincingly, we anticipate the next resistance zone between 3400 – 3420 to be tested.
Price is respecting the rising trendline. Bullish momentum remains strong as long as support levels hold and price stays above 3375 If confirmed, price may continue toward the 3400–3420 resistance zone. A move beyond 3420 could open doors for further upside.
If You Like this idea if you have on Opinion about this analysis share in comments. I'm excited to Read your comments.
Trade closed: target reached
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✅My Free Signals
t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
t.me/addlist/UkeZgBhHMpowODA0
✅Join my Telegram Channel
t.me/Trade_With_Kb1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.