Gold moving higher after hitting above support
Heading towards top of the channel
Has good support at around 1200-1220
Gold's long term correction appears to be over
Gold demand increasing in the east for oil exchange
Debt and spending will continue to raise under trump
Has good support at around 1200-1220
Gold's long term correction appears to be over
Gold demand increasing in the east for oil exchange
Debt and spending will continue to raise under trump
Trade closed: target reached
Gold has hit the target of 1300. Looking to reenter if it breaks through resistance or goes back down to support around 1210.
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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.