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Gold continued to hold on its gaining streak during its previous trading week and posted a high of 1326. The entire bull rally from 1262 is an extended wave which still has a potential of extending higher towards 1329/31 ahead of turning weak in coming weeks.
I was expecting a deep pullback from 1307 towards 1286 before resumption of the ongoing bull rally towards 1320/1334 which I mentioned in my previous post. From here onwards the scenario of prices retesting the lows of 1236 in negated.
I was expecting a deep pullback from 1307 towards 1286 before resumption of the ongoing bull rally towards 1320/1334 which I mentioned in my previous post. From here onwards the scenario of prices retesting the lows of 1236 in negated.
Darkpoolinsider
nice chart
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SusmitBanerjee
Darkpoolinsider
@Darkpoolinsider, Thanks
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Fxhunters
yes :agree with your idea
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SusmitBanerjee
Fxhunters
@Fxhunters, Thanks
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