Gold continues its upward momentum with strong price action holding above the key pivot level 4205. As long as price remains above this zone, the bullish structure stays intact.
✅ Our Preference (BUY Scenario)
🔹 Buy Above: 4205
🔹 Targets:
- First Target: 4265
- Final Target: 4290
Price is currently showing accelerated bullish strength, supported by rising moving averages and strong candle formation.
The RSI remains bullish, indicating momentum still favors the upside.
🔄 Alternative Scenario (SELL if Breakdown)
If gold breaks below 4205, expect a deeper pullback.
🔹 Sell Below: 4205
🔹 Targets:
- 4180
- 4160
A breakdown would signal weakening momentum and shift the intraday trend to bearish.
📌 Key Levels to Watch
- Target Level: 4290
- Pivot Level: 4205
- Support Level: 4180
📈 Conclusion:
Gold is currently maintaining strong bullish momentum. As long as 4205 holds, the path toward 4265–4290 remains open. Keep an eye on price action around the pivot for confirmation.
편집됨
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