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Gold Price Technical Setup Worth Watching
A critical candle forming here deserves close attention. Building on the previous bull trap scenario, we're looking at potential third rejection at the 50-day moving average support level. This confluence could be the key.
The setup is shaping up nicely—if this third test holds the MA support, it would validate the current bullish structure. Otherwise, lower levels are in play.
Monitoring this zone closely. What unfolds next will be telling for the broader trend.