Gold Spot / U.S. Dollar
Long
Updated

Gold Trading Strategy: Long, Target 2623-2632

330
On the 2h chart, a bullish formation has developed. Although there is some selling pressure around 2609, the indicators suggest that this level is not a strong resistance. The key resistance is between 2623-2632, so today presents a bullish opportunity.
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Gold has successfully risen to our target range, and the bulls have made significant profits!

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