See also
05.05.2025 08:23 AM
With the appearance of the Failing Wedge pattern on the 4-hour chart, it gives an indication that in the near future it has the potential to go to the level of 3297.43 and if the momentum and volatility support it, Gold will continue to strengthen again to the level of 3343.81, but if on its way to these levels, there is suddenly a weakening correction that breaks through and closes below the level of 3201.44, then all the strengthening scenarios that have been described earlier will be invalid and automatically canceled by themselves.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
