Contributors Technical Analysis Gold Bulls Are Still Reigning

Gold Bulls Are Still Reigning

Gold is bullish and after a big retracement they are ready to continue with the trend.

1893-1900 is the zone where the bounces should happen. Continuation of the trade happens if the price breaks 1934.85. However if the 1885 is lost we should see a move down to 1869 and Gold will start to be bearish then. At this point, safe haven flights still go into GOLD and buying the dips is the option.

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