Gold prices showed a bullish trend on March 4, closing at $2,917.8—up by $24.8. The day’s low was $2,881.9, while the high reached $2,927.9, with an opening price of $2,892.7.For today, gold may continue its upward movement, potentially reaching $2,928 and further extending to $2,942. The pivot point stands at $2,900.Trading Strategy:• Bullish Outlook: Long positions above $2,900 with targets at $2,928 and $2,942.• Bearish Scenario: Below $2,900, expect further downside towards $2,886 and $2,877.Traders should watch price action around the pivot level to confirm trends.
Gold May rise today 05 March
