FXNOVA Strategy – Gold Bullish Bias Above 3728.00
Gold Intraday Signal: Upside Prevails Toward 3785.00
Gold maintains a bullish outlook while trading above the pivot level at 3728.00. The Relative Strength Index (RSI) supports continued upside momentum, suggesting buyers remain in control.
As long as price holds above 3728.00, the preferred scenario favors further gains toward 3772.00 and 3785.00. Sustained momentum above these levels would reinforce the bullish bias and extend the current uptrend.
On the other hand, a decisive break below 3728.00 would weaken this view, opening the way toward 3712.00 and 3700.00. Traders should monitor the 3728.00 pivot as the key dividing line between bullish continuation and a potential reversal.
- Enter: 3735.00
- Stop Loss (SL): 3712.00
- Target A: 3772.00
- Target B: 3785.00
