Oro / Dollaro
Long
Aggiornato

Gold in consolidation before another push higher

160
Gold is consolidating between 4120 and 4155. An hourly candle close above 4155 can take us to 4180, 4190 and 4200 next.

Be cautious and have a smaller position since Gold is a bit over-extended in the short term. However, it still has a bullish outlook in 2025 and 2026. Analysts indicate it will reach $5,000/oz by the end of 2026. I am watching signs for a correction within the next 2 weeks before another push higher. Corrections will be a great opportunity for buy setups.
Nota
trade in progress
Trade attivo
4180 hit
Nota
moving rest of position to BE
Trade chiuso: obiettivo raggiunto
target reached 4200

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