Dear Traders fantastic trading day today as Gold fall to the support area around 1939-1929 to mitigate the gap that were left behind and has also broken the 200EMA trendline in the 4HR timeframe but the metal remains Bullish in the Higher timeframe as it retrace to the 200EMA which serves as a trendline in the Daily timeframe. The metal could test the 200EMA around 1929 and bounce back in the bull direction.
Bullish Target:
1952.32,
1963.4,
1983.54
1993
Bearish Target:
1947 Done
1939.6 Done
1929.5
1920.00
We are bullish until we see an opportunity to sell,
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