skrimon
Active Member
I assume that the price will be able to form a pullback from 1765. The signal for this will be a false breakout or a rebound from the zone. The subsequent consolidation below the level of 1765 will send the price down.
BUT! Also, keep in mind that many factors influence the gold . If the level of 1765 will be broken through and the bulls will strengthen their positions above this level, we will have the potential to move towards 1780, 1795, 1807.
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