GOLD reached towards daily, weekly demand zone, with positive COT report with net longs depicts the accumulation zone ready to blow up.
Viewing technically on LTF(4 hr) a bullish MACD & RSI divergence supports the view with a falling wedge formation.
Key levels mentioned on chart.
Trade with caution and trailing stop loss.
Viewing technically on LTF(4 hr) a bullish MACD & RSI divergence supports the view with a falling wedge formation.
Key levels mentioned on chart.
Trade with caution and trailing stop loss.
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