Gold Short-Term Trading Strategy

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Yesterday, gold broke through the resistance at $3,252 and surged rapidly 🚀! It is now just a step away from the $3,330 bullish breakout target mentioned on Monday 🌟. Today's price has traded in a range of $3,285 to $3,320, and with the 4-hour chart closing lower, the market is likely to experience further consolidation ⏳.

Short-term support for gold is near $3,280 ⏬, while the upper resistance is at the existing high of $3,325 ⏫. A breakthrough above $3,325 would shift focus to the $3,350 area 🏹!

Trading recommendations:

buy@3280-3290
tp:3320-3330


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