Gold Spot / U.S. Dollar
Updated

Gold is at a crossroads.

133
After a strong rally, gold has hit a wall of resistance where trading volume is high. This could mean a temporary pause in the upward trend.

Key levels to watch:

Strong resistance: 2683
4-Hour Support: Approximately 2638
Potential support: 2607-2597.5


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Trade closed: target reached
Review of yesterday's Gold analysis

The daily resistance was touched and reacted well (250 pips).

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