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Gold Market Hits New High at $2,940 – What’s Next?

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Gold market sentiment remains bullish, marking a new all-time high at $2,940. A potential daily pullback is anticipated, with a sweep through $2,877 before the next move.

If bullish momentum holds, $2,980-$3,000 could be the next key targets. However, if sentiment shifts, a retracement toward $2,870"s-$2,830"s may serve as a substantial demand zone before the next bullish move.

Stay alert to USD strength and macroeconomic factors, as they will play a crucial role in upcoming price action. follow for more insights , comment and boost idea
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