📢 GOLD PRICE ANALYSIS – WHAT’S NEXT? 🏆✨
Hello traders! Let's dive into Gold’s recent price action and what could come next.
📊 Market Overview:
🔹 Gold moved within an upward channel, reaching the resistance line before making a correction down to the support zone.
🔹 After testing this key buyer zone, Gold broke out of the channel and started ranging, briefly pulling back before resuming its uptrend.
🔹 It then hit the seller zone, consolidating for a while before making another correction to the support level and reversing.
🚀 Current Market Trend:
Gold is still in an uptrend, but based on this setup, I expect it to re-enter the seller zone before starting a decline toward the support level at 2850.
📉 My Trade Outlook:
✅ Target: 2850 support level
✅ Trend: Uptrend continuation before a potential decline
✅ Trade Update: Gold made a small correction but remains on track toward the seller zone before reversing downward.
💡 What’s Your Take on Gold?
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