"Bullish momentum has consistently dictated the market trend in recent weeks. Following a successful retest of a lower key level on the H4 timeframe, coupled with a minor support confirmation on the H1 timeframe, our projection remains optimistic for continued bullish price action throughout the upcoming week." Follow for market analysis ideas and share your comment
In recent weeks, the gold market has exhibited a discernible upward trajectory within a well-defined channel. Notably, in the previous week, prices successfully breached the significant resistance level at 2069.16. Anticipating a retest of this level, our analysis indicates a potential continuation of this bullish momentum. The prevailing market conditions suggest...
Since we have had a very bullish move previously and currently as we see price is losing momentum as it approached the 1.27358 level. We notice an indecision candle at the daily resistance level we expect price to retrace upto areas around 1.24034