Gold markets experienced a slight downturn during Friday\u0027s trading session as they rebounded from the bottom of the bullish flag pattern that has been around
If the $2000 level is breached, it could trigger a more substantial upward movement in the gold markets.
At present, I have no inclination to short the gold market, as I am confident that there is a strong support of buyers at lower levels. However, I advise against excessive leveraging in this market, given its inherent noisiness and unpredictability. Nonetheless, it is essential to acknowledge that gold prices will not rise in a linear fashion. The overall trajectory, however, remains promising for those who approach the market with patience and a long-term perspective.
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