Gold's weekly timeframe has been consolidating since last month and last week, it broke the consolidation but couldn't close below the range but closed back in the range, which is a fake-out. I Predict this fake-out will continue pushing the price up.
Trade active:
Last week's candle has closed back in the range with a solid bullish candle; this is a good confirmation that the price will keep pushing up.
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I saw this coming! We just needed enough volume to either come in through high-volume news or a session open; I believe the Bulls will come in once the weekly closes bullish above the last resistance.
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The weekly candle closed above all resistance; Gold should retest $2,150 this month.
Trade active:
On it's way to the Highest High @$2,150
Trade closed: target reached
Comment:
GOLD has created a new all time high..