According to this analysis trade carefully GOLD Awaits Reaction at 3260– Bearish Pressure Builds
Gold is currently trading around 3250 and approaching the key resistance zone at 3260/ 3265 As long as the price remains below 3265, the bearish trend is likely to continue toward 3205, 3290
Bearish below: 3265 Targets: 3205 / 3190
Bullish above: 3265 Targets: 3275 / 3325
Direction: Bearish while below 3275 – wait for confirmation before any breakout buy.
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Gold is currently trading around 3250 and approaching the key resistance zone at 3260/ 3265 As long as the price remains below 3265, the bearish trend is likely to continue toward 3205, 3290
Bearish below: 3265 Targets: 3205 / 3190
Bullish above: 3265 Targets: 3275 / 3325
Direction: Bearish while below 3275 – wait for confirmation before any breakout buy.
Remember like and comments must for motivating to share more analysis with you Thanks.
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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.