GOLD - Bullish Volume

Aktualisiert
It appears that the price is struggling to break above the downtrend line and continues to attempt this move. If the price manages to close above 2328 on the 4-hour candle, it is expected to reach 2335 easily. Conversely, if the price reverses and falls below 2328, particularly if it drops below 2327, this would likely trigger negative trading momentum, pushing the price towards lower support levels.
Anmerkung
The price ascended to 2335, as we anticipated, and subsequently reversed direction. Currently, it is trading above the 2327 level. This level is expected to once again provide support, facilitating the price's movement into the bullish zone.
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