GOLD Trading (4 March 2025)

Gold has just break above the Support Zone upper line 2885.68. Moving Average has also showings uptrend on 1 hour timeframe. And downtrend seem has been breakout and showing reversal. If it can hold the position and move to the upside the next target should aim 2920.14, before that to also observe 2891.66 level of resistance.

If it break below support zone, 2867.74 & 2859.48 & 2851.50

This is not an trading advice and does not constitute any offer or recommendation of any trading advice. Trade at your own risk.