Gold is still bullish for the past couple of month without any signs of bearish appearing. If there was any Bearish momentum it was temporarily.
Next nearest gold target is 3111-3128 base on fibo extension.
And if there’s a retracement to 3057-48 there could possibly be a reentry buy area.
Unless its broke and break the whole latest base then we can expected for a temporary bear momentum to comes in before makin another ultimate HIGH for the year end or next one.
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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.