Gold possible new high?
Gold clear uptrend making higher high and higher low based on h4 time frame structure. Price has also been in a consolidating range bouncing between support (1682) and resistance (1715). Price started selling from resistance last week so I expect the sell to continue to retest support (which is also 38.2 Fibonacci level based on h4) once more before possibly shooting up to make new high around 1939 resistance. This is my trade opinion you do not have to agree with this idea nor is it trading advice.
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