GOLD - FACING BEAR

Updated
Generally, the direction is uptrend

Uptrend Side: The price needs to stabilize above 2,740 with the closure of a 1-hour candle, after which it is expected to rise further to reach 2,750, and potentially 2,757.

Downtrend Side: As long as the price trades below 2,740, it is expected to decline towards 2,713. A break below this level would likely lead to a move towards 2,701.

Tendency Keys: 2,740
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the gold price will continue the bearish trend
Chart PatternsHarmonic PatternsTrend Analysis

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