$GOLD Bulls Need What?
Gold achieved a historic milestone with a record monthly close in November 2023. For gold bulls, the next crucial step is the formation of a bullish consolidation, potentially leading to a bull flag pattern on the weekly chart. However, the path ahead is not without challenges, as indicated by the significant resistance levels depicted by the blue lines on the chart. These lines represent critical points that gold prices need to overcome to maintain their upward trajectory.
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