Gold Continues the bull run

Dear Traders what a Fantastic week it was last week, as Gold break the Resistance level at 1983.5 in the 4HR timeframe and now doing a pullback to mitigate the value gaps that were left behind. Last week I predicted using the Fib and indicated that Gold could retrace to the 0.786 zone on the Fib which is also an area of value and Gold has really gone to the 0.786 Fib zone. We keep to our plan to buy from dip. The breakout at 1983.5 has open the move to 1993. The yellow metal was rejected at the 0.786 and form a Doji candle that signal a reversal.

Bullish Target; 1983.5, 1993, 2022.3, 2047.04.
Bearish Target; 1965.9 DONE, 1957.6, 1939.6, 1929.5

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#Vimhype