Yesterday I predicted that gold could go both ways and I preferred it go up to fill the gap. However, it broke 3200 support and touched 3168, just 30 pips above 3165 target. As my weekly target is almost hit, I will be cautious in engaging selling orders. I am looking to sell from 3200 and target 3165. However, if 3200 is broken, bulls could take control again.
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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.