NFP is about to be released, continue to rise!

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Gold market has recently shown a strong Bullish move, but multiple timeframes are now indicating that the market has entered overbought conditions. RSI is already at higher levels, price has faced rejection near the ATH resistance, and on the 4H structure a clear FVG zone has formed which confirms the possibility of buying pressure from this area. If this rejection sustains, gold could develop a strong upside move with a major target around 3875.

Feragatname

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