Gold is Pushing Higher

2 min read
Nenad Kerkez

Nenad Kerkez

Head of Trading

Dear Traders,

The Gold has been in slightly neutral to bullish trend. At this point upwards continuation is possible.

1475 zone might provide a bounce towards 1478 and 1482. However, a real uptrend will only be possible at the bullish 4h close above 1485. If we see a close above 1485 then the next target is 1490. Only below 1467, we might see 1460 retest. The pace is slow, but the price is grinding towards higher levels.

The analysis has been done with the CAMMACD.core template.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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