GOLD Market Preview
Updated
A quick preview of what to anticipate on Gold in the coming week.
Note
Price is still stuck at the 1920 area and hasn't made any movement of note. Gold remains neutral on the daily timeframe but a break below 1890 should open the flood gates to 1825 area where we can anticipate some support to the upside. A break above 1867 should be a signal for some bullish momentum. We will have to wait for confirmations to buy Gold in this instance, unless a 3rd long wick candle forms before the break above 1867. Let's see how it plays out.
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