Gold Weekly Trading Strategy

FROM 21.10.2024 to 25.10.2024
Trend: BULLISH
Gold is currently having a strong bullish movement but seeks for a minor pullback till 2705-02 level once it retests the level of 2726-34-40 levels.
Be cautious as now the resistance has no zones but support does on timeframe of 1h and 15 mins respectively.
The rise in Geo political tensions and China investing more in Safe heaven hs Made this impact on GOLD.
GOLD MIGHT ATTRACT BUYERS IN EARLY PHASE BUT WILL BE DOWN ANYTIME SOONER AFTER TRAPPING RETAILERS.
Insights:
Strategy : SELL ON RISE , FINAL TP 2710.
Recent News
GBP/JPY takes a breather from a two week...
March 06, 2025
Market Insights
US100 Breaks Above Resistance Bullish Fl...
July 31, 2025
Market Insights
US30 Eyes Further Upside with Strong Sup...
July 01, 2025
Market Insights
NASDAQ tumbles sharply from its all time...
February 27, 2025
Market Insights
DOW JONES ANALYISIS
November 05, 2024
Market Insights
GBP/USD Aims for 1.3440 as Bullish Momen...
May 14, 2025
Market Insights