GOLD in a Short-Term Bullish Scenario
Updated
GOLD in a Short-Term Bullish Scenario
Gold has found strong support near 2485, which appears to be the current bottom.
It’s important to note that gold is not yet poised for significant bearish moves.
The price has formed a small bullish structure zone, indicating potential upward movement. We could see prices rise to 2512 and potentially reach 2517, as shown in the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Gold has found strong support near 2485, which appears to be the current bottom.
It’s important to note that gold is not yet poised for significant bearish moves.
The price has formed a small bullish structure zone, indicating potential upward movement. We could see prices rise to 2512 and potentially reach 2517, as shown in the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Comment
GOLD tested 2509.50 so far and may make another attempt to rise further
Trade closed: target reached
Trade closed: target reached
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