On the 2h chart, a bullish formation has developed. Although there is some selling pressure around 2609, the indicators suggest that this level is not a strong resistance. The key resistance is between 2623-2632, so today presents a bullish opportunity.
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Gold has successfully risen to our target range, and the bulls have made significant profits! Related publications
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Related publications
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.