Gold is currently en route to retest the 2950 barrier, but is currently struggling to settle above 2925 and continue to the top. If price action remains under the mentioned figures, the metal might drop towards the immediate support structures to reignite bullish pressure.
However, breaking free of the 2925 zone and settling above may see continued growth.
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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.