Gold Next Move: 3000 Loading...

Key Observations to Current Price Action:
- Recent price action shows a strong impulsive move up from the green support zone (2770-90)
- The current structure suggests that we're potentially entering a corrective phase followed by continuation of the bullish trend as marked with black arrows.
- The green zone that I marked on chart can act as an institutional support level or "fair value zone" where significant trading activity has occurred,The recent breakout above this level with strong momentum suggests institutional buying pressure
- The anticipated pullback could represent a potential "discount" zone where smart money might accumulate or re enter.
The pullback, if it materializes, should ideally hold above the green support zone to maintain bullish market structure.
The overall price action still showing a bullish bias with a potential short-term correction before continuing higher. The green zone will be crucial for maintaining this bullish scenario.
I am still holding buy trade on Gold and Silver and will add more if I see confirmation from lower area (Marked in Red circle) for the target of 3000.