Gold against the US dollar is trading in a bullish trend during today’s session, holding above the pivot level of 4650, reflecting continued positive momentum and buying interest in the market.
If the upward move continues, the price is expected to target 4775 followed by 4800.
Alternatively, in case of a downside correction, gold may decline toward 4575 and then 4550.
The bullish outlook remains valid as long as trading stays above 4650, supporting a potential move toward 4775.
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