Gold dip buying opportunity at $1760.
Gold started showing signs of weakness above the $2000 mark and now after few weeks looks like dip is might to happen soon.
So what would be a favorable price to buy Gold again?
$1760 level is where we have a last supply and demand imbalance before the move to $2000 territory.
It is also an area of yearly VWAP.
If price starts to drop below $1660, the long position should be reconsidered.
So what would be a favorable price to buy Gold again?
$1760 level is where we have a last supply and demand imbalance before the move to $2000 territory.
It is also an area of yearly VWAP.
If price starts to drop below $1660, the long position should be reconsidered.
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