Gold – Bulls Still in Control, but Caution Needed

In yesterday’s analysis, I mentioned that Gold could reverse to the upside and challenge the 3375–3380 resistance zone. Throughout the day, dips were consistently bought, and last night the price briefly tapped into that area.

The overall structure remains bullish, but there are a few important notes:
1. Price action continues to be choppy.
2. Gold reversed quickly from 3375 overnight, which calls for caution from the bulls.
3. The 3350–3355 zone is the line in the sand — it is imperative for bulls to keep the price above this level.

That being said, and with the caution mentioned above, I remain bullish and expect another test of 3375, and potentially even a move beyond 3380. 🚀

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