Gold currently has key support at 5073. As long as the price stays above 5073, the trend is considered upward, and buying opportunities can be sought during pullbacks.



Breaking below 5073 will present opportunities to short on rebounds, with targets at 5037/5013/4988. These three levels are also important support levels. If the price fails to break below these levels, consider buying near them.

Resistance levels: 5117/5138/5164 are the current immediate resistances. Breaking through these levels indicates continued upward momentum. Persistent failure to break these levels suggests a short-term bearish outlook.
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