Gold Outlook – Key Levels I’m Watching

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These are the zones I’m currently expecting on gold. If price continues to move lower, those are the areas I’ll be watching for potential long entries. I’m noticing relatively high volume in the lower region, which suggests the market feels comfortable operating within those levels.

However, in the upper zones, volume drops significantly, indicating we are outside the fair value area. In these regions, you don’t need heavy market buy volume to move the price, which implies volatility is likely to increase once price returns there.

Penafian

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