Technical Analysis
#GOLD H4
Following its recent rebound, gold is gradually approaching the descending trendline. If it fails to break above it again, we expect a reversal to the downside.
However, if gold successfully breaks above the trendline, we can expect a potential bullish trend to begin.
⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the next market scenario.
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