CFDs on Gold (US$ / OZ)
Long
Updated

XAUUSD

8 151
Hello Traders! đź‘‹

What are your thoughts on GOLD?

After a strong and sharp bullish rally, Gold faced a severe bearish correction, dropping significantly from recent highs. However, the market has shown a positive reaction, recovering a portion of the losses. Currently, price is moving within a rising channel.

As long as the marked support zone holds, our bias remains bullish.
We anticipate some consolidation and fluctuation in this area before the price gathers momentum to resume the uptrend.

What are your thoughts? Will the support hold? Let me know in the comments!
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