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Gold’s Intraday Reversal – Buyers Stepping In!

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Hello Guy's Let's analyse Gold and it is once again respected the intraday support zone highlighted on the chart. This level has acted as a strong demand area multiple times, and today price reacted from the same zone with clear bullish intent.

Price is also sitting above EMA 20 & EMA 50, and the RSI bullish divergence confirms that momentum could be shifting back toward the upside.

If buyers hold this support, we can see a short-term push toward the 4,090–4,105 resistance region. A clean breakout above that may open more upside, but for now the focus remains on this bounce setup.

This is not breakout trading, this is simply reacting to a level where buyers have shown strength many times.
As long as this support holds, the risk-reward favors the bullish side.

Analysis By TraderRahulPal | More analysis & educational content on my profile.
Dagangan ditutup: hentian tercapai
Went opposite!

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