With trade wars and NZD rate suprise. I have some doubts about it.
husylzy
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@Valentasm, once 1500 get rejected, it’s possible. See how it goes
Valentasm
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@husylzy, I recommend to read more fundamentals. I could agree some correction but nowere to your target. No some sources predicting 1800 which is more realistic than 1400. If you will be right i will be happy to admin i was wrong.
husylzy
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@Valentasm, i understand that fundamentals could affect gold price dramatically. there is no wrong or right in trading. It's just about profit or loss in it. From my perspective, there is a uptrend, but the price has reached the resistance zone, and hit the resistance of the upward channel around 1510 right before. correction should come if there is no more fundamental surprising the market in the near future. and 1460 will be the 1st target. once breaks below 1460, 1400 is the next. I didnt mean that 1400 will be reached in 1 or 2 days.