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🌟 GOLD WEEKLY FORECAST 🌟
The price is moving within an ascending channel, indicating a bullish trend
✓ Sell Zone: Between $2,724-$2,734, indicating resistance where selling pressure could increase. (A breakout above the Sell Zone could target the Strong Sell Zone.)If the price sustains above the Sell Zone, further bullish movement toward the Strong Sell Zone is anticipated .
✓ Strong Sell Zone: Above the $2,758-$2,764 range, marked as a potential reversal area.
A breakout below $2,716 (highlighted level) could lead to the retracement or the Strong Buy Zone.
✓ Strong Buy Zone: Around $2,686-$2,692, a key support area for potential buying opportunities.
Retracement Zone: Below the $2,686 level, indicating a potential bearish retracement zone.
The price is moving within an ascending channel, indicating a bullish trend
✓ Sell Zone: Between $2,724-$2,734, indicating resistance where selling pressure could increase. (A breakout above the Sell Zone could target the Strong Sell Zone.)If the price sustains above the Sell Zone, further bullish movement toward the Strong Sell Zone is anticipated .
✓ Strong Sell Zone: Above the $2,758-$2,764 range, marked as a potential reversal area.
A breakout below $2,716 (highlighted level) could lead to the retracement or the Strong Buy Zone.
✓ Strong Buy Zone: Around $2,686-$2,692, a key support area for potential buying opportunities.
Retracement Zone: Below the $2,686 level, indicating a potential bearish retracement zone.
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