The overall trend is bullish, characterized by higher highs and higher lows. The price has been moving in a cyclical wave pattern, with corrections followed by strong upward movements.
Possible Scenarios for March 2025 Bullish Case: If Gold follows its past pattern, it could retest the 3000-3030 level. Bearish Case: Break below 2820 will lead a deeper correction might bring it back to 2770 or lower before another rally.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.