Gold- Eyes on 1755-1760 zone
As I said yesterday and a day before, in my opinion, Gold is done correcting and is ready to resume its long-term uptrend...
Yesterday the price had a minor correction just above 1720 important (now) support and reversed.
At the time of writing Gold is trading at 1734 and my strategy remains the same: buy dips
The target for short term traders can be 1755-1760 zone and only a daily close under 1720 would delay this bullish scenario
Yesterday the price had a minor correction just above 1720 important (now) support and reversed.
At the time of writing Gold is trading at 1734 and my strategy remains the same: buy dips
The target for short term traders can be 1755-1760 zone and only a daily close under 1720 would delay this bullish scenario
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