Gold remains strongly bullish

قبل ٣ أيام

In my post yesterday, I mentioned that gold could extend its upward movement and reach the important 2720 resistance zone (clearly highlighted in the chart I shared).

As expected, the price climbed to that level and, as is typical, began a correction.
In my view, this pullback should be seen as a buying opportunity for bulls looking to rejoin the upward trend.

There is a strong likelihood that gold could break above this resistance level, possibly as soon as today or early next week.

قبل ٣ أيام

تم فتح الصفقة

Gold corrected in the median line of the channel and broke above the small flag's resistance.
Correction could be over.
A break above important 2720 resistance would expose 2750 zone