Gold appears to be exhibiting bullish momentum in the 1-hour timeframe following a breakout above its previous high. Entering the market after a 38% correction completion and witnessing bullish price action suggests potential for further upward movement. Traders may consider monitoring this trend for potential buying opportunities with caution.
Gold appears to be exhibiting bullish momentum in the 1-hour timeframe following a breakout above its previous high. Entering the market after a 38% correction completion and witnessing bullish price action suggests potential for further upward movement. Traders may consider monitoring this trend for potential buying opportunities with caution.