GOLD 28.November - Daily Timeframe

Hello! Let's take a look at the daily gold on November 28.

1) We see a continuation of the rise
2) Gold has been rising since Monday to 1765
3) Price is still in 1765-1729 range.
4) A strong rise to 1765 may not allow a breakout of the level (not enough energy). The priority is a bounce back down.
5) Global trend tends to be bullish
6) We see a market rebuild
7) The global reversal pattern plays its important role in a bearish trend.
8) The first target is a breakout of 1765. The second target is up to 1802. The global target is 1869.