The shift to a bullish trend in gold prices is attributed to a significant breakout from the bearish trend observed in the 4-hour timeframe. This breakout suggests a potential reversal in sentiment, with buyers gaining control and driving prices higher. Traders are likely monitoring key resistance levels for further confirmation of this upward momentum.
The shift to a bullish trend in gold prices is attributed to a significant breakout from the bearish trend observed in the 4-hour timeframe. This breakout suggests a potential reversal in sentiment, with buyers gaining control and driving prices higher. Traders are likely monitoring key resistance levels for further confirmation of this upward momentum.