– Gold reversed from resistance level 2016.00
– Likely to rise to resistance level 2085.00
Gold recently reversed up from the key resistance level 2016.00, which stopped the previous corrections (a) and 2.
The resistance level 2016.00 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the upward impulse from November.
Given the clear daily uptrend, Gold can be expected to rise further to the next resistance level 2085.00 (top of the previous impulse wave 1 from the end of December).
Welcome to Pro News Flash! 💵 The U.S. dollar slips 🏆 Major stock indices struggle…
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
This website uses cookies