On the daily timeframe, gold continues to show a firmly established uptrend, forming a sequence of higher highs. The recent pullback was a necessary move toward the trendline for re‑accumulation. The presence of a clear fake breakout wick signals strong buying pressure stepping in at a critical moment. With this bullish confirmation, we anticipate another upward leg targeting the 5100 level, followed by 5430.”
I’ll place our latest gold analysis in the comments.
I’ll place our latest gold analysis in the comments.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.