Gold: the bias remains bullish.
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Our preference: Long positions above 1810.00 with targets at 1827.00 & 1832.00 in extension.
Alternative scenario: Below 1810.00 look for further downside with 1805.00 & 1800.00 as targets.
Our preference: Long positions above 1810.00 with targets at 1827.00 & 1832.00 in extension.
Alternative scenario: Below 1810.00 look for further downside with 1805.00 & 1800.00 as targets.
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