We're currently back inside the dynamic rising trendline, I'm expecting a further push up and then a retest and then I'm getting back in.
I'll set TP's at:
2405 - resistance
2445 - just below previous high
2500 - 41% Fib Extension / Good target number
Not sure what's going on with USD ATM as per my earlier post, however geo-political tensions are growing significantly so I'm expecting more speculation on gold.
I'll set TP's at:
2405 - resistance
2445 - just below previous high
2500 - 41% Fib Extension / Good target number
Not sure what's going on with USD ATM as per my earlier post, however geo-political tensions are growing significantly so I'm expecting more speculation on gold.
Note
Noted MACD Divergence on 15m so expecting this to push up and through.
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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.