GOLD's current upward trend may be forming the fifth wave. From a technical perspective, five upward waves have already appeared within wave C. Ideally, we want to see stronger upward momentum and test the key price range of 4.652–4.709 USD. The current pattern indicates that this rebound is quite mature, and the upcoming breakout and pullback are worth close observation.
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GOLD's current upward trend may be forming the fifth wave. From a technical perspective, five upward waves have already appeared within wave C. Ideally, we want to see stronger upward momentum and test the key price range of 4.652–4.709 USD. The current pattern indicates that this rebound is quite mature, and the upcoming breakout and pullback are worth close observation.