Hello Everyone,
Gold (XAUUSD) has shown resilience, with the weekly low standing at 2001.885 and the daily low at 2020.445. As long as the price remains above the daily Pivot Point (PP), a signal for continued bullish momentum is in place. The current trend strongly favors buying opportunities, and there is a notable probability of a retest of the monthly PP. If this level holds, we could witness an upward surge towards 2159.778. The overall market sentiment suggests a robust bullish trend in gold at the moment.
TradeWithTheTrend3344
Gold (XAUUSD) has shown resilience, with the weekly low standing at 2001.885 and the daily low at 2020.445. As long as the price remains above the daily Pivot Point (PP), a signal for continued bullish momentum is in place. The current trend strongly favors buying opportunities, and there is a notable probability of a retest of the monthly PP. If this level holds, we could witness an upward surge towards 2159.778. The overall market sentiment suggests a robust bullish trend in gold at the moment.
TradeWithTheTrend3344