Continued Buying Amid Imbalances and Momentum Building
Updated
Gold continues its upward trajectory, reflecting strong buying interest as it seeks to address existing imbalances in the weekly and daily candle formations.
The current pullbacks are strategic, aiming to harness more demand and strengthen bullish momentum.
Targeted Price Levels for Demand:
The market is targeting price levels between $2500 and $2503 as critical zones to gather more buying momentum.
These levels are seen as areas where imbalances could be addressed, and fresh demand might enter to support the continued upward move.
Market Range and Key Levels:
The total market price range for engagement is currently tight, within a 10-pip range, indicating a focused and measured moves
The 2480s serve as an important psychological level, potentially acting as a support zone before further moves higher. follow for more insights , comment for more .. and boost idea if you find it helpful Thanks✨
The current pullbacks are strategic, aiming to harness more demand and strengthen bullish momentum.
Targeted Price Levels for Demand:
The market is targeting price levels between $2500 and $2503 as critical zones to gather more buying momentum.
These levels are seen as areas where imbalances could be addressed, and fresh demand might enter to support the continued upward move.
Market Range and Key Levels:
The total market price range for engagement is currently tight, within a 10-pip range, indicating a focused and measured moves
The 2480s serve as an important psychological level, potentially acting as a support zone before further moves higher. follow for more insights , comment for more .. and boost idea if you find it helpful Thanks✨
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