Magic_Trends

GOLD QUARTELY RALLY TO $2100.00

PEPPERSTONE:XAUUSD   Gold Spot / U.S. Dollar
If the commercials continue with the momentum, GOLD is mostl likely to reach new highs. It just completed the week with Higher High swing on the Daily Timeframe. This week i believe it will give us the idea of whether this is the beginning of a retracement to 1860.00 to fill the gap there on the Weekly Timeframe or it will continue rising to clear Buyside liquidity. Got my eye on fridays Lows and Highs and monday's Price action will give me an idea what to expect this coming week
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