Gold is facing bullish pressure from our ascending trend line
Price is facing bullish pressure from our ascending trend line and first support level, in line with our 78.6% fibonacci retracement and 61.8% fibonacci extension, where we could see a further rise up to our first resistance target. Stochastic is facing bullish pressure from its support at 18.97 as well.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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