CFD Oro (US$/OZ)
Long

Gold Rebounds from Key Support Eyeing Break Above Cloud

89
The chart shows a double top formation near 4360, which led to a sharp decline toward the support zone around 4100. Price has now stabilized at this support and is showing early signs of reversal. If bullish momentum continues, the first target lies near 4200, followed by a second target at 4360. A break below 4080, however, could invalidate the recovery setup. The Ichimoku Cloud still indicates short-term resistance, so confirmation is needed before a full bullish breakout.

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