GOLD/USD Long
Gold on the weekly looks like it has been in a area of consolidation forming a Bull Flag. Outlook is bullish with the price of gold at or near 1720 by the end of 2020 (13%).
It finds itself at resistance near $1560, but the weekly RSI is trending up. Looking for a strong push through resistance, testing level as support and working it way to 1720.
It finds itself at resistance near $1560, but the weekly RSI is trending up. Looking for a strong push through resistance, testing level as support and working it way to 1720.
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