Hey traders and investors! π Hope you're shining bright today! Today, January 23, 2025, I'm sharing my thoughts on gold
Gold has broken through the resistance zone ($2,740-$2,720) and is forming a potential Inverse Head and Shoulders pattern. The Commitment of Traders (CoT) report also shows a bullish sentiment. π
Gold is looking bullish! Key points to watch :
Entry Price: $2,744
Target Price: $2,767
Stop Loss: $2,735
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Trade safe and stay informed! π‘
Best wishes Tom π