The gold market has mitigated its previous high around the $2930 level, resulting in a pronounced plunge that triggers an imbalance sweep through the $2917 zone. This level has emerged as a substantial demand zone where accumulation is actively taking place. Traders will closely monitor this area to gauge whether the demand can stabilize prices or if further downside is imminent follow for more insights , comment and boost idea
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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.