From TradingView · · 40s
Gold Daily: Deeper Pullback Before Upswing?
Gold may drop to $3,950 before rebounding to $4,300.
In brief
Gold may drop to $3,950 before rebounding to $4,300. Gold could fall to $3,950 before rising to $4,300 in a potential pullback before an upswing. Originally reported by TradingView.
Gold Retreats from August Peak
Gold continues to retreat from its August peak with a projected decline toward $3,950 before a broader recovery toward $4,300.
Bullish Reversal Needed
A sustained bullish reversal is required to strengthen the outlook for gold's next move.
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The big picture
Gold could fall to $3,950 before rising to $4,300 in a potential pullback before an upswing.
