After yesterdays FOMC, we have seen a flush in GOLD. However, from broader perspective GOLD is still flagging - if that scenario is confirmed target of 1300 very much possible, with a prospective follow through to 1300+.
Note
If pre-market high is recovered, bullish scenario is still alive.Note
If we see a follow through today,we will have rsi divergence on daily = strong buy signalTrade closed: target reached
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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.