Gold - Great long opportunities in this uptrend!

4-hour timeframe
Gold is currently in a strong uptrend, consistently reaching new all-time highs.

There are potential opportunities to enter long positions on Gold during this 4-hour pullback, with the $2950 level being a key area to watch for potential longs.

This level has several confluences supporting it:
1. Support zone
2. Trendline
3. Fibonacci Golden Pocket (0.618 - 0.65)

Daily timeframe
The $2950 level on Gold appears to be an ideal point to manage long positions and ride the uptrend. If Gold breaks below this level, we could see a decline to around $2800. Therefore, it's important to monitor the $2950 level closely.



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