Gold futures continue to build strong support above $1765 level, with possible breakout on Monday.
Trade active
Price action on Friday confirms the strong support at $1765. After a brief breakdown to $1755, prices rebound to a strong $1785 close. Sunday/Monday start of trading gap up is still in action.
Trade closed: target reached
And we're off, $1,800 is in action, a fullback/consolidation at 1,785 is expected.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.