powerintegral

Gold seems ready to resume its uptrend

TVC:GOLD   CFDs on Gold (US$ / OZ)
Gold seems to have completed its corrective wave and ready to move back higher towards 2470.

A break above the previous all time high near 1920 would give even more weight to this call.

On the other side, a break below the recent low of 1810 would reduce our conviction.

A break below the uprising trend line near 1740 would invalidate this view.

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