Gold bullish/possible short term pullback
Wedge breakout indicates a price target of $1,680.00 Gold has closed right below resistance line $1,520. Safest bet is to wait for retrace to $1,400.00 before entering long. Bigger opportunity from there is breaking the $1,520 resistance line for a higher price target of $1,850.00
Trade 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.