Gold price is in strong upward trend and supported by the trendline (Green Line) since December 2024.
The price is currently near to psychological resistance level 2800 and at ATH.
Markup Phase (January 2025 onwards):
In Markup phase we can see a clean break of resistance (2720) and ATH (2790) with strong momentum and now price sustaining above these levels.
Higher highs and higher lows structure.
Reduced volatility during this uptrend suggests strong institutional control.
The overall structure is in bullish continuation considering major target zone could be around 2950-3000 as discussed in previous posts.
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