ElenaMayi

GOLD 4H ( Uptrend)

TVC:GOLD   골드 (US$ / OZ) CFDs
GOLD


analyze

daily frame

technical outlook

general, as long as the price is trade above 1990 - 2000, the direction is uptrend

Above 2000, the price will continue in the upward trend until reaching 2064, especially the price at the bullish channel


Stability below 1990 will help the price to retest the bottom of the channel 1945 and 1922


fundamentally outlook

Essentially, gold is stable above and we may see a new peak in the coming days that we haven't seen before
All the things that point to the rise of gold, the war between Russia and Ukraine also includes the US problems and more recently the problems of China, Taiwan, etc..
As long as the sites are going like this, gold will continue to trend upward and 2064 will be easy to reach.

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