Gold Pauses After Record High – Key Support and Resistance Level

7 วันที่ผ่านมา

After reaching a new all-time high on Thursday, Gold has entered a consolidation phase again, fluctuating within a range of 2,920 to 2,940. This period of consolidation suggests that the market is pausing before deciding on its next move.

The overall trend remains bullish as long as the 2,920 support level holds. A decisive breakout above 2,940 could signal renewed upward momentum, potentially leading to a fresh all-time high.

However, if gold breaks below 2,920, it could trigger a deeper correction, with the next significant support level around the 2,850 zone. In this scenario, sellers may gain temporary control, pushing prices lower before the market finds stability.

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7 วันที่ผ่านมา

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