The gold price is in an uptrend but recently pulled back to a key support level near $2,900. If this support holds, we could see a bounce towards $2,940 - $2,960. A break below could lead to further downside towards $2,880. Watch for a bullish reversal or a breakdown before making a trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.