GOLD OUTLOOK

מעודכן
The weekly chart shows gold in a clear uptrend, consistently respecting the lower trendline, which has been touched four times. As the price approaches the fourth touchpoint, it suggests the uptrend may be nearing its peak. However, there could still be some room for an upward move towards the upper trendline. If a rejection occurs after reaching this level, it would signal a potential sell opportunity, with a likely target around 2300.
עסקה פעילה
As anticipated, the price moved up to test the upper trendline. We've observed three failed attempts to break through—two to the upside and one to the downside. Each attempt moved an average of $50, which helps us determine our stop-loss position.
עסקה פעילה
250+ pips Dropped after pushed up.

The weekly candle has turned Red signalling a further drop to 2530 support previously acted as resistance.
הערה
Accuracy in Display.

So far respecting my analysis
עסקה פעילה
Adding Sell 2577
Chart PatternsTrend Analysis

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