Yesterday, gold experienced a pullback, dropping to an intraday low of around 2835.
However, the price quickly rebounded, and overnight, bulls regained control, pushing it back above 2860—a key confluence resistance level.
This move suggests that the correction may be over.
Looking ahead, the upcoming NFP data could drive further momentum, potentially leading to a new all-time high by the end of the week.
From a broader perspective, the bullish outlook remains intact as long as yesterday’s low holds. A more significant correction would only come into play if we see a weekly close below this level.
However, the price quickly rebounded, and overnight, bulls regained control, pushing it back above 2860—a key confluence resistance level.
This move suggests that the correction may be over.
Looking ahead, the upcoming NFP data could drive further momentum, potentially leading to a new all-time high by the end of the week.
From a broader perspective, the bullish outlook remains intact as long as yesterday’s low holds. A more significant correction would only come into play if we see a weekly close below this level.
交易开始
Gold is stable above 2855-2860 zone which serves as confluence support now交易结束:到达目标
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🎯 Want More Trading Ideas?
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这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
