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Gold experienced a strong upward movement in recent days. Is it possible to see the $6,000 level this month? Especially with the strong performance of gold at the beginning of the month!!!
Currently, gold is on a good upward trend, especially after entering the positive zone on the 4-hour time frame, and this could be the start of positivity!
But confirmation will come with more closes above $4,728, especially if that means entering the positive zone on the daily time frame!!
At that point, the positivity will be much stronger, and we might see numbers reaching $7,000.
Of course, entering the negative zone on the 4-hour time frame would mean a stronger decline, but for now, maintaining the positive zone supports the upward movement, God willing!
I will update if there is any new development!
$XAUUSD $NAS100 $XAGUSD