Option Pit! This week, I dive deep into Gold Futures for our "Chart of the Week." If you've been following our analysis, you know we've been watching gold closely. In this latest chart, I reveal how gold has once again held crucial support from our previous pitchfork and an uptrend line stretching all the way back to December 2024. Are the stars aligning for a move higher? I break down the latest action, including: -
A strong bullish candle from Friday's trading. -
Key indicator movements (RSI, MACD) that are flashing bullish signals. -
My precise resistance target near previous highs.
I believe gold futures are poised for a substantial rally from current levels! Click here to watch the full "Chart of the Week" analysis on Gold Futures and see all the details! As always, if you find this analysis helpful, please like and subscribe to our channel. And let me know in the comments which chart you'd like me to analyze next! Thank you for watching, and have a great week! |