Gold is approaching a key short-term resistance marked by the red line on the 1-hour timeframe. Price action has been respecting this level, and a breakout or rejection here could set the tone for the next move. Will the bulls have enough strength to push through, or is a pullback on the horizon?
Keep an eye on this level for potential trade opportunities, and follow for more insights into these crucial areas!
Disclaimer: This is not financial advice. Always trade responsibly!