Gold Nears New Historical Peak: Momentum Targets 2560
Gold's momentum is steadily driving it towards a new historical peak, with prices once again nearing the 2400 level and the next potential target set around 2560. The current conditions remain conducive to further increases in gold prices. Although there are indications of potential price consolidation at these levels, the robust momentum indicates that the upward trend is likely to continue.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2560 |
2300 |
2260 |
2140-45 |
2088 |
2055-60 |