Gold has just snapped a key trendline that’s been holding price in check. This breakout could signal a shift in market structure and possibly open the door for a bullish continuation. I'm eyeing confirmation above the breakout zone with volume expansion to validate the move. Short-term targets are aligned with previous resistance levels, while support has shifted upward.
Happy Trading :)
Happy Trading :)
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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.