Gold Bull run flame on hay
In simple terms, it looks like the market is showing signs of going up. The weakening of the DXY (U.S. Dollar Index) and support forming for gold below $2028 suggest a positive trend. The key level to watch is $2032 and the 0.382 Fibonacci retracement, which is significant for us. If the price consolidates near the resistance and breaks above $2040 despite a previous false breakout, it indicates potential for further growth, especially if there's positive news supporting it.
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