justatrader

Gold heading to 1250 this week?

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
7
Main pitchfork from the daily charts shows a clear rejection of the downtrend with price reversing from the median line . Forms a bullish flag pattern and plotting the new pitchfork , we could see a retracement to 1201 levels targeting 1254.
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