Please be optimistic, gold will break 2800 by the end of October
Please be optimistic, gold will break 2800 by the end of October
Gold/Aussie continues to trade in the June uptrend channel.
Its recent bearish section has managed to find support at 0.382 Fibonacci and rebounded, closing at a green candle for the second consecutive session today.
This is the beginning of a new bullish phase in which the lowest move is +7.55%.
With that in mind, buy and target 2750 before the end of October.
Gold/Aussie continues to trade in the June uptrend channel.
Its recent bearish section has managed to find support at 0.382 Fibonacci and rebounded, closing at a green candle for the second consecutive session today.
This is the beginning of a new bullish phase in which the lowest move is +7.55%.
With that in mind, buy and target 2750 before the end of October.
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