The 'resistance turned support' which I mentioned yesterday is holding up well. After the retest of the support zone, we're currently seeing bullish momentum keep Gold prices up.
As soon as Gold surpasses $3,400 & closes WITHIN the previous 0.365% zone, I will be sure that the 3 Sub-Wave (A,B,C) correction for sellers is over & buyers are now heading towards a new ATH. Until then I am still wary & being careful of sellers.
As soon as Gold surpasses $3,400 & closes WITHIN the previous 0.365% zone, I will be sure that the 3 Sub-Wave (A,B,C) correction for sellers is over & buyers are now heading towards a new ATH. Until then I am still wary & being careful of sellers.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.