Gold - buy after strong weekly confirmation

Updated
Dear traders and followers,

welcome to the weekly DKIC Gold market update !

Last week was important for the Gold price as the weekly candle closed pretty bullish and confirmed 1670 $ area as strong support (I will post a screenshot of the weekly chart in the update section). A retest of 1670 $ is very unlikely to happen. We expect strong up movement for the next weeks and spotted two nice buy in possibilities. Please take a look into the chart.


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Note
1 week chart for proof of bullish weekly candle close

snapshot
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Chart PatternsTechnical IndicatorsTrend Analysis

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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