NEW HIGH COMING?
Updated
ON THE 4 HOUR CHART, gold is in a consolidation phase near key levels, showing signs of indecision between bulls and bears. currently the price is hovering around 2520-2530 with resistance 2530. A BULLISH BREAK ABOVE the current resistance could indicate a bullish continuation towards the 2540 resistance while a failure to break might lead to further consolidation.
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gold perfectly fulfilled the first move
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