GOLD Technical analyze
The price completed its bearish correction and has now pushed upward, as previously noted.
Gold needs to break above 2,738 and close either a 4-hour or 1-hour candle above this level to confirm a bullish trend, targeting 2,753, with further potential to reach 2,775.
However, if it fails to break 2,738 and closes the next 4-hour candle below this level, particularly below 2,731, it is likely to decline towards 2,719 and 2,710.
Key Levels:
Pivot Point: 2739
Resistance Levels: 2753, 2765, 2775
Support Levels: 2731, 2720, 2710
Trend Outlook:
Bearish: By stability Below 2731
Bullish: Above 2739