3 min readGOLD (XAU/USD):
Gold continues to show upward momentum, finding support along this internal ascending trend line.
A closer examination of the technicals reveals that price has established support within a former resistance area, now acting as support around $2,550.00. If the upward trend continues, I will be closely monitoring how price reacts to the resistance zone above, which also aligns with previous all-time highs (ATHs).
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