Uptrend Intact: Can Gold Break Through 2800?
🌟"Uptrend Intact: Can Gold Break Through $2800? 🌟"
Gold is maintaining its bullish momentum, steadily forming higher highs and higher lows while respecting the upward trendline. The key support zone around 2705 (R1), backed by a demand area and Fair Value Gaps , could act as a launchpad if price pulls back to retest. Resistance levels at 2788 (R2) and 2848 (R3) are in sight as potential upside targets. The red circled area is where I am expecting a possible retracement to fill gaps and grab liquidity as per SMT before resuming the upward move. With liquidity resting above swing highs, the overall view remains bullish, and price looks primed to head toward higher levels as long as support holds strong.
Still holding both Gold and Silver in buy as mentioned in previos updates.
Gold is maintaining its bullish momentum, steadily forming higher highs and higher lows while respecting the upward trendline. The key support zone around 2705 (R1), backed by a demand area and Fair Value Gaps , could act as a launchpad if price pulls back to retest. Resistance levels at 2788 (R2) and 2848 (R3) are in sight as potential upside targets. The red circled area is where I am expecting a possible retracement to fill gaps and grab liquidity as per SMT before resuming the upward move. With liquidity resting above swing highs, the overall view remains bullish, and price looks primed to head toward higher levels as long as support holds strong.
Still holding both Gold and Silver in buy as mentioned in previos updates.
Note
Moving as expected 
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