From TradingView · · 40s
Gold tests 4,141 top twice
Gold hits 4,141 top twice in New York before holding.
In brief
Gold hits 4,141 top twice in New York before holding. Gold tested the 4,141 top twice in New York and keeps landing for OANDA:XAUUSD. Originally reported by TradingView.
Gold tests 4,141 top twice
Gold tested the 4,141 top twice in New York and keeps landing for OANDA:XAUUSD.
Price action in New York
After dipping to about 4,121.5 early in New York, price recovered and has been rotating between roughly 4,128 and 4,141.
Key zones for gold
Resistance: 4,141.5 (session double top), then about 4,149 (channel top); Support: 4,128.4 (channel floor), then 4,126.4.
Scenarios for gold
Bullish: hold above 4,128.4 and clear 4,141.5; Bearish: close below 4,126.4; Range: stuck between 4,128.4 and 4,141.5.
The headline
Gold tested the 4,141 top twice in New York and keeps landing for OANDA:XAUUSD.
