Gold reacted positively to our analysis and has followed the projected path. It is expected to form a strong new resistance level soon, with a potential correction towards 2660 to 2680. However, this correction will primarily serve as a retest of the support zones, after which we will continue on the upward trend.
Trade closed: target reached
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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.