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Gold is currently consolidating within a well-defined range after a strong rally. The structure remains bullish overall, but the market is in pause mode. I wouldnโt be surprised if gold tests the all-time high area again in the near future
$SPX
Risk: Moderate short-term downside. A 9% pullback to ~6000 wouldnโt break the trend โ it would just be another retest of support.
Key support: ~6,000
Key resistance: ~6,700โ7,000
#SPX#Stocks#TechnicalAnalysis
Symbotic Inc. ($SYM)
Short-term: Bullish breakout from a tight range; potential retest of $73 support zone.
Long-term: Major breakout above multi-month resistance at $64, indicating a potential start of a new uptrend.