Contributors Technical Analysis GOLD More Upside In View

GOLD More Upside In View

The yellow metal continues to move in range, is trapped between the 23.6% and the 50% retracement levels. Could come down to retest the warning line (WL1) of the ascending pitchfork before will resume the upward movement. We could go long if the mentioned support will hold, the next important target is near the $1295 per ounce.

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