Hello everyone, what do you think—should we buy or sell gold today?
Currently, gold remains highly attractive to bullish investors, climbing to its highest levels in weeks, supported by a sharp decline in the USD Index, with prices hovering around the $2750 region.
On the 4-hour technical chart, gold consistently shows BOS (Break of Structure) patterns, signaling that the bullish momentum may continue for now. Key levels to watch are the $2760 resistance and $2720 support zones, which are critical areas for potential breakouts and strength for the metal.
Personally, I lean toward a buying strategy. What’s your take? Don’t forget to set your TP and SL when trading!