Gold Outlook
Updated
Gold daily chart.
The prices had weakened the technical structure with the downturn of the bottom trunk of the channel some week ago after a short pause of accumulation, a new upswing in the last week reported prices within the aforementioned bullish bias and the rise could now continue to reach 1300 in the medium / long term.
The next target is in the area of 1,280 at the middle channel line, which prices could be slowed down.!
Waiting for further confirmation.
The prices had weakened the technical structure with the downturn of the bottom trunk of the channel some week ago after a short pause of accumulation, a new upswing in the last week reported prices within the aforementioned bullish bias and the rise could now continue to reach 1300 in the medium / long term.
The next target is in the area of 1,280 at the middle channel line, which prices could be slowed down.!
Waiting for further confirmation.
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