Timonrosso

Gold broken above wedge new target $2,081

Long
COMEX:GC1!   Gold Futures
Falling Wedge has formed on Gold since April 2023.
This has been a turn for the good.
We've seen the price breakout and now we can expect the demand to continue.
7=21>200 - Bullish
RSI >50 (Buy divergence with the level breaking the downtrend.
Target $2,081

This will reflect on gold companies too which we can be bullish on. Happy to go long here.

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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