Gold Weekly Technical Outlook
Gold (XAU/USD) remains in a clear bullish trend on the weekly chart, currently trading around $3,230. After marking a new high, price action suggests a potential pullback—a healthy retracement that could set the stage for further gains.
Key Levels to Watch:
Current Price: $3,230
Retracement Zone:
First support at $3,100, a recent consolidation level
Deeper support between $2,950 – $2,900, aligned with prior breakout structure and strong demand from earlier in the trend
These levels are key for a potential bounce, as they mark high-probability zones for buyers to re-enter the market.
Upside Targets:
Short-term resistance: $3,280
Primary target (by mid-May): $3,400
This level aligns with the projected extension of the ascending structure and continuation of bullish momentum
Technical Outlook:
As long as gold holds above $2,900, the weekly bullish trend remains intact. A rebound from the retracement zone would likely lead to a renewed rally targeting the $3,400 region.
Gold (XAU/USD) remains in a clear bullish trend on the weekly chart, currently trading around $3,230. After marking a new high, price action suggests a potential pullback—a healthy retracement that could set the stage for further gains.
Key Levels to Watch:
Current Price: $3,230
Retracement Zone:
First support at $3,100, a recent consolidation level
Deeper support between $2,950 – $2,900, aligned with prior breakout structure and strong demand from earlier in the trend
These levels are key for a potential bounce, as they mark high-probability zones for buyers to re-enter the market.
Upside Targets:
Short-term resistance: $3,280
Primary target (by mid-May): $3,400
This level aligns with the projected extension of the ascending structure and continuation of bullish momentum
Technical Outlook:
As long as gold holds above $2,900, the weekly bullish trend remains intact. A rebound from the retracement zone would likely lead to a renewed rally targeting the $3,400 region.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
