Gold against the US dollar is trading in a bullish trend during today’s session, holding above the pivot level of 5000.
If upward momentum continues, the precious metal is expected to target 5100 followed by 5200.
Alternatively, in case of a bearish reversal, price may decline toward 4900 and then 4800.
The bullish outlook remains valid as long as gold stabilizes above 5000, supporting a move toward 5100.
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