Recently, the gold has been trading downwards. As I expected, the price tested the level of $1,248.00. Anyway, on the 15M time frame, I found…
Recently, GOLD has been trading upwards. As I expected, the price tested the level of $1,237.34. Anyway, I still epxect higher price. Today I found an open and dive type of trading, which is a bullish session type. In the background, I found a broken trading range, which is another sign of strength. The price is also trading above 5-simple moving average. Watch for buying opportunities. Upwards targets are set at the price of $1,240.00 and $1,245.00.
Trading recommendations for today: consider potential buying opportunities.
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