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#GoldBreaksAbove$5,200
🔥 Gold price breaks above $5200! 🔥
#金价突破5200美元
Gold has moved strongly above the $5200 level, showing clear bullish momentum. Geopolitical tensions and macroeconomic uncertainty are pushing investors toward gold as a safe-haven asset.
Important levels to watch:
🔹 Support: $5100 – $5150
🔹 Resistance: $5350
🔹 Next upside target: $5500+ if the trend continues
My trading view:
I’m avoiding chasing the price at the top. A better approach is to buy on pullbacks, manage risk carefully, and take partial profits near resistance levels. As long as gold holds above $5200 on a daily close, the bullish trend remains valid.
Gold still looks strong as a hedge in the current market environment.