Gold 11.2.2026
Overall Trend:
The broader trend remains bullish, but price is consolidating after extreme volatility.
Technical Outlook:
The 4660–4550 zone is a well-defended demand area, while 5080–5130 acts as a heavy resistance cap.
Scenarios:
– Bullish continuation: A sustained break above 5130 could reignite upside momentum.
– Range continuation: Failure to break resistance may keep price ranging between 5080 and 4660.
– Bearish shift: A break below 4550 would signal a deeper corrective phase.
Conclusion:
Gold is in a rebalancing phase, awaiting a decisive breakout to define the next direction.
*Risk Disclaimer: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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