Gold - Long Pre Non Farm Payrolls
Gold has recently continued it's strong upward momentum over the past few months and we believe could challenge long term resistance at $1919 over the coming trading sessions. Additionally, there could significant price action tomorrow if the payroll number is considerably different than the 650K forecast. If the 50 day MA moves above the 200 day MA this would confirm the buy signal and could see Gold challenge multi year highs above $2000.
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