ON THE 4 HOUR CHART, gold is in a consolidation phase near key levels, showing signs of indecision between bulls and bears. currently the price is hovering around 2520-2530 with resistance 2530. A BULLISH BREAK ABOVE the current resistance could indicate a bullish continuation towards the 2540 resistance while a failure to break might lead to further consolidation.
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gold perfectly fulfilled the first move
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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.