FXHighway

Gold turns higher with more positive factors.

Long
FX:XAUUSD   Gold Spot / U.S. Dollar
4
Target: 1355.00
Risk: 1210.00

Technical Reasons:

Strong bullish rally that completed drawing an inverted head and shoulders’ pattern, and positive targets that extend to 1355.00.

Continuous positive support from the exponential moving average 50, and the price move inside a bullish flag that will be confirmed by breaching 1277.00 level.


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