Gold gains momentum on low volumes amid volatility, warns of potential false breakout and watch for $4,500 threshold
Gold has gained momentum in recent weeks, but low trading volumes are raising concerns the rally could be vulnerable to a false breakout.
Zoran Kresovic from Blueberry Markets says gold and silver have posted significant gains amid market volatility, but warned investors not to overlook the risk of a reversal.
A sustained break above $4,500 could signal the start of a stronger bull run, while a pullback could pressure investors relying on gold as a hedge against market uncertainty.
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