Should we expect a bullish trend on GOLD?
GOLD has broken through a line of 2334.7800 and suggests a possible movement to 2349.8330 within the next 16 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
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