cerealmarket

Gold regaining uptrend

Long
COMEX_DL:GC1!   Gold Futures
the gold market this year has essentially only seen upside. since all time highs theres been a run on available contracts during a contraction that has ended suddenly.

it appears that todays rally has been sustained, and the uptrend in futures has all but resumed according to a credit liquidity crunch and bear dollar environment.

according to tv alerts, forex and gold strategies the risk/reward for gold is long on multiple time frames up to 4hrs.
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