Gold is ready pump again lets go Good morning, traders!
The gold market is showing signs of strength, with a potential buying opportunity emerging! We recommend setting a stop-loss at $2724. The 1st support level is at $2720, with a 2nd support level at $2700! Resistance levels are at $2770 and $2780.
Our target levels are $2760 for the 1st target and $2780 for the 2nd target! With the RSI at 41, indicating a potential trend reversal, and prices near a strong support level, we believe this is a good buying opportunity!
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Have a great trading day!
Best wishes Tom 😎