Gold Futures Hit Projected 4175–4229 Target After Corrective Rally
From this week's $Gold - main 2512(GCmain)$ Update:
" GC_F is consolidating at the Weekly FVG after confirming an ABC decline.
The lack of upside follow-through after forming a higher low this week signals that the rally is likely corrective.
The base case remains a continued rally toward 4060–4090, aligning with the 38.2% retracement and equality of the initial advance off the recent low.
From that zone, there’s risk for another leg lower — though price could extend to the 61.8% retrace and untapped bearish Daily FVG at 4175.0–4229.7, serving as both a logical upside target and a potential resistance zone."
Price rallied the the upside target zone as projected ✅
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