Gold looking to outshine
Its interesting to note that we got 2 squeezes on gold to the downside that was bought up quickly in the market on Thursday and Friday of last week with the U-turn taking place at 1788 and 1792 respectively. This suggests that is appetite for safe haven at these prices and buyers quickly came in to buy up anything that was below 1800's before driving that price back to the upper bounds of the 1810-1815 area. Gold now seems to be very trendy and with clear levels at 1817 and 1826 as targets to the upside.
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