📈 GOLD – Uptrend Returns at the Beginning of the Year
The gold market is showing signs of restarting an uptrend as the new year begins. After a false break below the trendline, the price quickly regained momentum and returned to trading above the 4400 mark, indicating that buying pressure is still in control of the market.
Given the typical defensive capital flow at the beginning of the year, along with expectations ahead of interest rate meetings, a strong recovery in gold is entirely possible. The current strategy prioritizes looking for BUY opportunities following the main trend.
📌 Trading Strategy
🔹 BUY around 4350 on price correction
🔹 BUY breakout at 4375 when price confirms upward momentum
🎯 Target: 4470
⚠️ Risks to note
If the price closes below the trendline, a deep correction scenario may occur, with a key support zone around 4250 – where you can wait for new signals to establish a safer BUY position.
➡️ Prioritize trading with the trend, patiently waiting for price reactions at key technical zones.
The gold market is showing signs of restarting an uptrend as the new year begins. After a false break below the trendline, the price quickly regained momentum and returned to trading above the 4400 mark, indicating that buying pressure is still in control of the market.
Given the typical defensive capital flow at the beginning of the year, along with expectations ahead of interest rate meetings, a strong recovery in gold is entirely possible. The current strategy prioritizes looking for BUY opportunities following the main trend.
📌 Trading Strategy
🔹 BUY around 4350 on price correction
🔹 BUY breakout at 4375 when price confirms upward momentum
🎯 Target: 4470
⚠️ Risks to note
If the price closes below the trendline, a deep correction scenario may occur, with a key support zone around 4250 – where you can wait for new signals to establish a safer BUY position.
➡️ Prioritize trading with the trend, patiently waiting for price reactions at key technical zones.
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
JOIN OUR FREE TELEGRAM GROUP t.me/tvstrading
MESSAGE US FOR VIP SIGNALS🏆 t.me/Leilani8597
MESSAGE US FOR VIP SIGNALS🏆 t.me/Leilani8597
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.