Gold makes a false-break of the support at 1869. Friday it closes lower, Monday it opens lower, but after a while the price is strengthening by 0.6%, which is a good sign.
1) After the false-breaks, according to the statistics, the strongest moves take place.
2) Bullish trend dominates in the market
3) Price may move into the range between 1869-1900.
4) the key level, from which we should expect the resumption of growth, is the 1900 level.
1) After the false-breaks, according to the statistics, the strongest moves take place.
2) Bullish trend dominates in the market
3) Price may move into the range between 1869-1900.
4) the key level, from which we should expect the resumption of growth, is the 1900 level.
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