Gold continues its upward momentum with strong price action holding above the key pivot level 4205. As long as price remains above this zone, the bullish structure stays intact.
✅ Our Preference (BUY Scenario)
🔹 Buy Above: 4205
🔹 Targets:
- First Target: 4265
- Final Target: 4290
Price is currently showing accelerated bullish strength, supported by rising moving averages and strong candle formation.
The RSI remains bullish, indicating momentum still favors the upside.
🔄 Alternative Scenario (SELL if Breakdown)
If gold breaks below 4205, expect a deeper pullback.
🔹 Sell Below: 4205
🔹 Targets:
- 4180
- 4160
A breakdown would signal weakening momentum and shift the intraday trend to bearish.
📌 Key Levels to Watch
- Target Level: 4290
- Pivot Level: 4205
- Support Level: 4180
📈 Conclusion:
Gold is currently maintaining strong bullish momentum. As long as 4205 holds, the path toward 4265–4290 remains open. Keep an eye on price action around the pivot for confirmation.
Edited 01 Dec 2025, 20:31
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now