#GOLD 

Gold achieved a significant breakout today, moving above its triple top resistance line and setting a new higher high. 

This move builds on the momentum established after breaking out of the preceding symmetrical triangle, a pattern that statistically resolves upward nearly 60% of the time when appearing in an uptrend. 

Today’s session ended with a long-bodied marubozu candle, which closed near the highs, reflecting strong bullish conviction. Interestingly, marubozu candles, particularly with long bodies, often act as continuation signals, with research showing that 75% of the time they precede further moves in the same direction. 

Gold continues to be bullish across all timeframes, and the bulls maintain firm control. While price is extended, as long as key support levels hold, the trend remains intact, with buyers reinforcing their dominance in the market.

#GOLD

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#GOLD