Gold is approaching support, potential for further upside!
Prices are facing bullish pressure from our first support which also coincides with our 23.6% fibonacci retracement, horizontal pullback support. A break above our upside confirmation would provide the bullish acceleration to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Feragatname
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