Gold Poised for Record Highs as Momentum Builds
Gold's momentum is steadily driving it towards a new historical peak, while the price once again nearing the 2400 level stabilizes showing some price accumulation. The current conditions remain conducive to further increases in gold prices. Although there are indications of potential price consolidation at these levels, the strong 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 |