As I explained in yesterday's comment, I'm bullish Gold, both in the long and medium-term.
Yesterday, after reaching my target at 1875, Gold started a much-needed correction after this 1000 pips bull run.
I expect Gold to continue its ascent in the next weeks and this correction can be a good opportunity for bulls to build longs.
A good place to enter the market can be 1850 ex resistance now support zone.
A dive under 1840 would delay this scenario
Yesterday, after reaching my target at 1875, Gold started a much-needed correction after this 1000 pips bull run.
I expect Gold to continue its ascent in the next weeks and this correction can be a good opportunity for bulls to build longs.
A good place to enter the market can be 1850 ex resistance now support zone.
A dive under 1840 would delay this scenario
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