As explained in my weekly forecast, I am still bullish on gold. The current opening drop can be seen as a good buying opportunity. I will monitor the price action closely at 3270 level. As long as this level holds, I will buy towards 3370 today.
However, if 3270 is broken, gold may turn to bearish in short term.
However, if 3270 is broken, gold may turn to bearish in short term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.