GOLD ANALYSIS
Hi traders :) Here is a forecast regarding GOLD possible future price movements. As we can see from the chart the metal, after reaching the 1560.00 level, is now correcting through a flag formation. The Stochastic oscillator movement diverges from the price action forming two higher bottoms. This could be interpretate as a weak in this flag consolidation which could be followed by a new bullish push. Look at the chart for possible entry, stop and target points. Write me in the comments for any question, thought or critic. Good luck :)
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