gold 6/27/24

Updated
Despite some bearish technical patterns observed, such as head and shoulders formations and a potential bear flag breakout, the long-term outlook for gold remains bullish. Gold has received strong support in the $2295 – $2305 range, suggesting that significant catalysts would be needed for the market to settle below $2295. today gold went up by 0.53% since yesterday, hoping continuous bull .
Note
gold market this week is characterized by cautious trading as investors await inflation data that could sway the market significantly. The Federal Reserve’s stance on interest rates and the performance of the US dollar are key factors to watch. As always, it’s important to stay informed with the latest market analysis and news to navigate the volatile nature of gold trading.
Trade active
trade activated lets see how it goes
Trade closed: target reached
trade made it all the way in 5 trading days
Note
HAD TO ADJUST SL
Trend Analysis

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