suggests that gold may attempt to reach the key resistance level around $2,570. If prices manage to settle above this level, there could be further upside potential. However, if the price falls below $2,525, there could be a move towards testing support around $2,500, indicating a possible downside risk for today
In summary, while gold could continue to test higher levels today, there is also the possibility of a pullback if key resistance levels are not breached.
In summary, while gold could continue to test higher levels today, there is also the possibility of a pullback if key resistance levels are not breached.
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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.