Trend: Bullish
Support: 1983-2007
Resistance: ATH 2148
Value Area: 2007-2025
Stochastic RSI: OverValue (Daily)
Entry Thoughts: Gold needs to pull back into the value area; buying now would mean buying above value price.
Did You Know? Throughout history, gold has been associated with the sun, a powerful symbol of life, enlightenment, and spiritual illumination in numerous cultures. In ancient mythology and religious texts, the sun's radiant energy is often likened to the brilliance and purity of gold, representing the divine source of light and wisdom.
Support: 1983-2007
Resistance: ATH 2148
Value Area: 2007-2025
Stochastic RSI: OverValue (Daily)
Entry Thoughts: Gold needs to pull back into the value area; buying now would mean buying above value price.
Did You Know? Throughout history, gold has been associated with the sun, a powerful symbol of life, enlightenment, and spiritual illumination in numerous cultures. In ancient mythology and religious texts, the sun's radiant energy is often likened to the brilliance and purity of gold, representing the divine source of light and wisdom.