GOLD: Is Gold About to Lose Its Bullish Momentum? Is Gold About to Lose Its Bullish Momentum?
The bullish trend is still intact
From our first analysis on January 6th, gold has unfolded as expected. Currently, gold has reached 2700, a strong psychological level. If the price manages to hold above this zone, the bullish trend may continue.
However, caution is necessary as gold has been rejected several times near 2720, which corresponds to the completion of a larger pattern and a strong structure zone from the past.
You may watch the analysis for further details!
Thank you:)