**Gold's value has experienced a decline in the recent period,** **Indicating an oversold condition in the local markets.** **With the price nearing a solid support level at \$2320,** **An uptrend in gold prices may be anticipated.** **Consider a bullish position.** 🚀
Gold suddenly bounced on Friday, forming a high momentum bullish candle on a daily. The market closed on a key horizontal daily resistance. Bullish breakout - a daily candle close above 2088 will indicate a further bullish continuation. Wait for a confirmed breakout to buy. Alternatively, we may see a pullback from the underlined structure. I will monitor a...
Here is my latest structure analysis and important key levels to watch on EURUSD next week. Consider these structures for pullback/breakout trading.