Gold price closed Monday above the all-important 50-Daily Moving Average (DMA) at $1,932, confirming a bullish reversal from three-week lows.
Therefore, the further upside now opens up toward the September high of $1,953 should Gold price manage to take out the mildly bullish 100 DMA at $1,942 on a sustained basis.
Setup Gold price
Gold buy now 1931
Buy limit 1926
Target 1942
Target 1959
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