The dollar is also strengthening and the market is waiting for bullish news on the index today. In this case it may give a small correction wave for the gold market. Moreover, there is a huge area of imbalance at 2265-2222, in which case it would be logical to expect a retest of the previously broken channel resistance or even key support before a further rise.
Resistance levels: 2265
Support levels: channel resistance 2245, 2222
Technically, we can expect a correction after the rally. The trend may continue from these support zones.
Regards R. Linda!
Комментарий:
Price is testing the previously broken channel boundary
Комментарий:
False breakdown of resistance of the channel
News has a negative impact on gold
News has a negative impact on gold
Сделка активна:
The session may form a pin-bar in the format of a false breakdown of resistance
Сделка активна:
Gold is testing channel resistance and forming a false breakout. The price still looks strong enough for further growth
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