Gold - Bullish Structure Still Intact… Eyes on the Next Higher!!

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📈Gold remains overall bullish, consistently forming higher lows along its rising trendline. Every time price tapped the lower boundary of the structure, buyers stepped in aggressively, and we may be approaching that point again.

⚔️Price is currently hovering near a blue support zone, which aligns perfectly with the rising trendline. As long as this confluence holds, we will be looking for trend-following longs, targeting the upper resistance zone highlighted in beige.

🏹If buyers defend this area once again, Gold could be preparing its next impulsive leg upward.

Do you expect Gold to print another higher low here? Share your thoughts below 👇

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀

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~Richard Nasr

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