Gold UpdateGold Update ๐ก๐๐
Hey everyone! Here's a quick update on gold prices:
Support Level: Previously, we saw strong support at $3025.60. ๐ก๏ธ The price has bounced off this level at least twice, indicating its strength.
Resistance Level: On the flip side, we've observed resistance around $3057.30. ๐ The price has sharply reversed from this level.
Previous Resistance: Remember, I mentioned resistance at $3038.19? ๐ค Well, that level has been surpassed.
Current Market: We're currently experiencing high volatility. ๐ข It's challenging to pinpoint exact support and resistance levels with certainty.
Our Approach: We're putting in our best effort to minimize potential losses. ๐ผ
Short Positions: I'm still holding the short positions I previously mentioned at $2981 and $3024. ๐
Looking Ahead: Let's see what the next hours and days bring! โณ
Stay tuned for further updates. ๐ฃ