Chat with us, powered by LiveChatGold's Direction Uncertain, Double Top Hints at Correction

Gold's Direction Uncertain, Double Top Hints at Correction

Gold's Direction Uncertain, Double Top Hints at Correction

Gold's Direction Uncertain, Double Top Hints at Correction

Gold price action suggests the potential formation of a bearish double-top pattern. The future trajectory of gold is ambiguous; it may either climb higher or undergo a downward correction, influenced by the dollar's and treasury yield fluctuations.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

2300

2250

2200

2140-45

2088

2055-60

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