As expected in recent days, Gold has continued to surge higher, driven by the main trend scenario of an uptrend. Yesterday, the price experienced a significant bullish momentum, triggering our Take Profit (TP) target and leading us to believe that traders will continue to exert long pressure. Our bias suggests a retest of the resistance level, followed by another fresh bullish impulse.
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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.