GOLD ON A STRONG BULLISH CHANNEL HEADING NORTH
Gold has once again surged from the support level near the $2280 - $2290 region. This recent rally has established a robust bullish channel on the daily timeframe, pushing the price back to the significant resistance around $2410. We might observe a minor reversal within the channel before the price resumes its upward movement after the pullback. This continuation is anticipated to mark the completion of the 5th wave, which is expected to extend further to the upside.
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