Here's my own personal take on things. I'm looking for gold to push higher in the coming days, re-evaluate position/outlook on the basis of the type of unfolding move (up or down) and from there to get a better idea if we are going to move much higher than the noted 1730+ zone.
Kommentera
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Price is struggling to move higher, perhaps from here, we may go down to the 1620 area before going back up, the 1611 must hold though. Price could go either way right now. That said, i've opened a short sell with stop loss at 1680