After a huge rally Gold took a bit of a pause. Now we can see the price rebound from support forming a hammer and a confirmation bullish momentum candle on the Daily. The price is staying above the Kijun line and well above the MA 50 and 100.
A bounce to to ~1580 area is very likely.
A bounce to to ~1580 area is very likely.
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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.