Gold breaks resistance, awaits pullback to 2031 to buy
Looking at the one-hour market, gold prices are currently running above the moving average support of 2025, while the retracement is hovering around the 2031 line. The short-term retracement trend remains unchanged! As far as the technical form is concerned, I personally think that the adjustments have been made, and now is an excellent time for a long-term layout! Intraday operation 2031 buy!
From a technical point of view, the gold price has already broken through the previous key pressure level of 2031, and short-term bulls have entered a new range. However, the top is facing the pressure of the four-hour downward trend line at 2050. The short-term bull target will first look at 2045, and when the gold price reaches and Decide on a new direction and make further plans!
Good luck to everyone
From a technical point of view, the gold price has already broken through the previous key pressure level of 2031, and short-term bulls have entered a new range. However, the top is facing the pressure of the four-hour downward trend line at 2050. The short-term bull target will first look at 2045, and when the gold price reaches and Decide on a new direction and make further plans!
Good luck to everyone
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.