Malaysia
2025-08-10 20:19
IndustrySpot gold remains capped below the key resistance
Spot gold remains capped below the key resistance level of $3,400, with bears continuing to defend this psychological barrier. After hitting a two-week high of $3,409 early Friday, gold prices have struggled to maintain upward momentum. Price action remains consistent with a broader ascending triangle pattern, although this pattern weakened slightly last week when gold briefly broke below the rising trendline.#SharingTradingMistakesAndGrowth#BrokerEvaluation
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Spot gold remains capped below the key resistance
Spot gold remains capped below the key resistance level of $3,400, with bears continuing to defend this psychological barrier. After hitting a two-week high of $3,409 early Friday, gold prices have struggled to maintain upward momentum. Price action remains consistent with a broader ascending triangle pattern, although this pattern weakened slightly last week when gold briefly broke below the rising trendline.#SharingTradingMistakesAndGrowth#BrokerEvaluation
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