GOLD:Pullback in the Previous Support Area For A New LONG Setup

Gold bulls take a breather this Friday, as the US Dollar is attempting a minor recovery in tandem with the US Treasury bond yields. The Strong Uptrend can be just in a pause with a retracement today and the next Monday with a pullback around the area 1885 previous resistance zone of the accumulation area broken yesterday After the release of the US CPI Core. Our Forecast remains Lng for the LONG trend with a pullback to have more strength in the next bullish impulse.

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