Gold Futures
Long

ASCENDING TRIANGLE IN GOLD

756
Gold (XAUUSD) 4-Hour Chart Analysis

Pattern: Ascending Triangle
Breakout Level: 72,250
Potential Target: 200-400+ points

Market Sentiment: Gold prices stable in India; Silver increased on MCX.
Key Indicators:

Gold is forming an ascending triangle, signaling potential bullish momentum.
A breakout above 72,250 could indicate a significant upward move.

Risk Management: Monitor closely and ensure to set stop-loss levels.

Disclaimer: This is a technical analysis and not financial advice. Please conduct your own research before trading.

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