Gold 2H Chart Insight: Awaiting Retracement

After analysing the 2-hour chart, we observe that the price is currently trading just below a key resistance level without any significant correction following its recent move. This lack of retracement, combined with the resistance overhead, suggests that a pullback is likely. We anticipate the price to retrace toward the potential target highlighted on the chart.

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Every trade carries risk. Protecting your capital should always be the top priority.

Wishing you a successful and green trading week!