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Gold has shown a strong uptrend recently, with prices climbing from around 3900 to above 4150 in the past month. The daily average trading range is about 1.96%, indicating moderate volatility.
Key levels to watch:
Support is solid near 4100, where price has bounced multiple times.
Resistance was tested around 4245 but saw a pullback, so breaking above this could signal a fresh upward move.
Recent consolidation between 4100 and 4160 suggests a potential buildup before the next directional move.
If gold breaks above 4245 decisively, the next target could be higher, possibly around 4300 or beyond. Conversely, a drop below 4100 might lead to a retest of lower support near 4000.
This is an educational overview, not investment advice. Always consider risks before trading. 🚀
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HOW TO READ SESSION BREAKS IN MARKET | CHART PATTERN | CANDLESTICK PATTERN
https://youtu.be/mQ_WMLktOsw
6 565
HOW TO READ SESSION BREAKS IN MARKET | CHART PATTERN | CANDLESTICK PATTERN
https://youtu.be/mQ_WMLktOsw
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Perfect Trendline for Beginners | EMA AND TRENDLINE | #trendline | #candlestickpatterns
https://youtu.be/eT78zJXroQs
