Decision making time for Gold
Gold is showing strong upside and may remain bullish mid to long term.
However on technicals, we may be approaching short term important level around 1798(1800) Level.
A break above could see possible continuation to take out Previous month high and a run towards 1840.
Failure to break, could lead to a short term breakdown targeting the 1750 zone.
#Godspeed Traders.
##DISCLAIMER##
Analysis is based purely technical analysis based IPDA theory past price data. Does not account for fundamentals. DO YOUR OWN DUE DILIGENCE - Trade ideas at own risk.
However on technicals, we may be approaching short term important level around 1798(1800) Level.
A break above could see possible continuation to take out Previous month high and a run towards 1840.
Failure to break, could lead to a short term breakdown targeting the 1750 zone.
#Godspeed Traders.
##DISCLAIMER##
Analysis is based purely technical analysis based IPDA theory past price data. Does not account for fundamentals. DO YOUR OWN DUE DILIGENCE - Trade ideas at own risk.
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