Gold Futures (GC) are showing signs of accumulation and upward momentum, with the chart forming a rounded base suggesting a potential breakout. Recent price action has been consolidating in a bullish structure, and we may be gearing up for a breakout towards new all-time highs.
With rising geopolitical tensions in the Middle East, gold's safe-haven appeal could drive significant buying pressure in the coming sessions. Volume is stable and supportive, and the technical structure aligns with a bullish continuation.
With rising geopolitical tensions in the Middle East, gold's safe-haven appeal could drive significant buying pressure in the coming sessions. Volume is stable and supportive, and the technical structure aligns with a bullish continuation.
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