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
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.