Bullish Setup for GOLD
Updated
**Technical Analysis: Bullish Outlook for GOLD**
Gold has completed a healthy retracement with high volumes. The presence of no-supply candles on the 15-minute and 1-hour timeframes indicates a potential upside movement. There is a chance of testing the current zone again before a clear upward movement.
Gold has completed a healthy retracement with high volumes. The presence of no-supply candles on the 15-minute and 1-hour timeframes indicates a potential upside movement. There is a chance of testing the current zone again before a clear upward movement.
Note
Gold touched our support zone and moved upto 2458.Note
Gold's momentum remains bullish, and we can expect it to reach our target of 2475 in the coming days.
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