Hello, traders! Here is why from a technical standpoint I believe we can see GOLD return back to retest the 1800.00 level.
1.Price has created a double bottom @ weekly support level.
$2. Price has broken above the last high that created the most recent low on the macro time frame giving us an early signal that the trend has reversed to the upside.
3.Daily cross through the histogram of the MACD Which tells us the bulls are taking over in the market.
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