Dear Traders,
Gold has formed a bullish bounce exactly at the POC level 1680. We should see upside continuation.
The POC zone spiked GOLD exactly at support 1680. At this point, we might see an upside continuation move towards higher levels. Gold needs to stay above 1715 for a further momentum up. Have in mind that today is NFP so the price might go both ways so be careful. Above 1715 targets are 1730 and 1735. A drop below 1680 might target 1666.
The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea
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