Gold is currently facing resistance at key levels, making it challenging for prices to push higher. Factors such as a strong US dollar, rising interest rates, easing geopolitical tensions, and bearish technical indicators have all contributed to the pressure. While the long-term outlook for gold remains positive, the current resistance zone suggests that the metal may struggle to break out in the near term. Investors should closely monitor price action to determine if gold can overcome this resistance and resume its upward trajectory.
Entry: 2322.64
SL: 2331.18
TP1: 2312.15
#xuausd #gold #signal #analysis #daytrading #forex #pips
Like share and comment
Trade God out