Gold Spot / U.S. DollarUpdated

Gold Update 2745 to 2772

To update the chart with a clear description of gold's movement, consider adding the following elements:

1. Current Trend:

Gold has broken the 2765 resistance and is moving upward.

The next target is 2780, where the next resistance is expected.



2. Support & Resistance Levels:

2765 now acts as support, meaning price may retest this level before continuing higher.

If 2780 is broken, further bullish movement could continue.



3. Possible Scenarios:

Bullish: If gold stays above 2765, it could reach 2780 and possibly higher.

Bearish: If price drops below 2765, it could retest lower support around 2748-2750 before making another move.




Would you like me to annotate the chart for you with these descriptions?

Trade active
Gold hit 2780
Trade closed: target reached
Target archived

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