Gold price today should be traded?
Hey Folks, Let’s Talk Gold Today!
So, today’s been pretty interesting for gold. We’ve seen a slight bounce back, with prices nudging up to $2337. Looking at the short-term chart, it seems this upward trend has some legs. The precious metal just hit a critical resistance level and got a boost after breaking through the trendline.
What’s next? Well, after this adjustment phase, I’m betting on more upward movement. The plan here is to go long – buying gold is looking like the way to go if this trend keeps up.
Let’s see how it plays out. What’s your take on this?
So, today’s been pretty interesting for gold. We’ve seen a slight bounce back, with prices nudging up to $2337. Looking at the short-term chart, it seems this upward trend has some legs. The precious metal just hit a critical resistance level and got a boost after breaking through the trendline.
What’s next? Well, after this adjustment phase, I’m betting on more upward movement. The plan here is to go long – buying gold is looking like the way to go if this trend keeps up.
Let’s see how it plays out. What’s your take on this?
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