Gold price consolidates on Black Friday. Currently near $1747. $1750 support has tested the bullish commitments and Gold is moving downwards after the break. The next support will be seen at $1730 demand zone. On the upside the bulls may take out the intraday high this week’s high near $1770 if Gold reclaims $1750 - $1760. If broken gold can test this month’s high $1787. We are looking to buy Gold lower near/at demand zone with a possible move up to $1760.
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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.