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Gold Profits Realized, Next Moves in Focus
After opening, the gold price peaked around 2721 before beginning to decline, falling short of the 2726 level for adding positions. Ultimately, a profit of 1,000–1,800 points was achieved.
Looking ahead, continue to monitor the 2710–2720 area. If bearish momentum remains strong, this zone can serve as an opportunity to short again. If the price moves higher, our focus will stay on the 2726–2732 range.
Looking ahead, continue to monitor the 2710–2720 area. If bearish momentum remains strong, this zone can serve as an opportunity to short again. If the price moves higher, our focus will stay on the 2726–2732 range.
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