Technical Analysis of Gold
The price of gold has stabilized above 2354, suggesting it will likely reach 2369. A break above 2369 is needed to continue the bullish trend toward 2388. However, if the price remains below 2369, it may consolidate between 2369 and 2354. Should the price break below 2354 and stabilize, it is expected to drop to 2344.
The price of gold has stabilized above 2354, suggesting it will likely reach 2369. A break above 2369 is needed to continue the bullish trend toward 2388. However, if the price remains below 2369, it may consolidate between 2369 and 2354. Should the price break below 2354 and stabilize, it is expected to drop to 2344.
- Pivot Price: 2369
- Resistance Levels: 2378, 2388, 2397
- Support Levels: 2354, 2344, 2328
Today's anticipated trading range is between the support level at 2344 and the resistance level at 2388.
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