Gold Corrects from Peak, Potential Bearish Pattern Emerges
Gold experienced a correction after reaching a new peak, suggesting the potential formation of a bearish double-top pattern, waiting for further verification. The future trajectory of gold is ambiguous; it may either climb higher or undergo a downward correction, influenced by the dollar's fluctuations.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2300 |
2250 |
2200 |
2140-45 |
2088 |
2055-60 |