Inside day breakout on big up-day looks bullish for gold
Gold remains in a consolidation at the bottom of a long downtrend- but yesterday's price action looks bullish
Scenario A) Gold pulls back to 1200 where buyers finally push it above its trading range towards 1235
Scenario B) Gold trades up to 1210 before falling back into its trading range again
Scenario A) Gold pulls back to 1200 where buyers finally push it above its trading range towards 1235
Scenario B) Gold trades up to 1210 before falling back into its trading range again
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Market Analyst at WeTrade
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Market Analyst at WeTrade
wetradebroker.com/education/analysis/jasper/
Contributor to SpreadEx
spreadex.com/financials/news-analysis/weekly-technical-analysis/
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