Gold Petal Futures on the 2-hour chart has recently bounced off a key support level at ₹9,703 after a steady downtrend. The price is now attempting to stabilize, with small-bodied candles indicating reduced selling pressure and a potential base formation.
I anticipate a bullish reversal if the price sustains above ₹9,725 and breaks out above recent consolidation. A projection suggests a potential move toward ₹9,907, which aligns with the previous swing high.
Overall Trend is UP
GOLD always THUMBS UP
I anticipate a bullish reversal if the price sustains above ₹9,725 and breaks out above recent consolidation. A projection suggests a potential move toward ₹9,907, which aligns with the previous swing high.
Overall Trend is UP
GOLD always THUMBS UP
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