Gold nearing a buy zone.
Weekly support and the 50% retracement come in at roughly $116.00. If this upside move is to continue, it should hold that level, in my view.
I will be looking to buy around that level(116). The gold miners(GDX) are in a similar position, chart coming shortly.
I will be looking to buy around that level(116). The gold miners(GDX) are in a similar position, chart coming shortly.
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