As you can clearly discern from the chart I've meticulously laid out, GOLD has undergone quite a sharp downturn lately. However, on the flip side, we observe a flawless price channel culminating in a substantial supply zone. It's at this juncture that we witness gold experiencing a spirited rebound, surging back up to the 1850 level. My next conjecture is that gold might ascend further, potentially reaching the coveted 2000 mark. This is especially plausible given the recent developments in Palestine versus Israel, which significantly impacted the market. These events even played a role in the notable opening gap that occurred across various assets.
Comment:
had grabbed our first 140 pip in a long position well wait to see when it is also good to re-enter
Comment:
we are in a key level that if broken to the upward we will see gold skyrocket and the cpi news tommorow will further help that i belive
