From TradingView · · 50s
Gold Price Acceptance Around 4,150
Gold price tests 4,148, 4,155 as key value acceptance level.
In brief
Gold price tests 4,148, 4,155 as key value acceptance level. Gold price holds 4,148, 4,155 value support after clearing higher test. Originally reported by TradingView.
Current Gold Price Action
Gold price recovered from 4,080 area and pushed toward mid-4,150s.
Key Value Support Level
4,148, 4,155 marks current value support for gold price acceptance.
Higher Price Test
4,162, 4,170 represents next higher price acceptance test for gold.
Lower Value Zone
4,124, 4,132 is the lower value zone if price fails current support.
Recent Price Action
Gold price cleared 4,162, 4,170 test and extended into 4,178, 4,190 area.
Market Acceptance Outcome
Gold price now holds 4,148, 4,155 value support after successful higher test.
The one thing
Gold price holds 4,148, 4,155 value support after clearing higher test.
