Tricky level currently for gold. If we can flip the $2,050 area for good and turn it into support it is off to the races for gold, start of a bull market imo. However, this is the real world and banks heavily manipulate precious metals. Surging gold signifies a week dollar, so i expect 2k to be heavily defended for now. The damn will break eventually, but not today. I expect a $1,880 however most ideal area to buy is $1,750, around the 200 week EMA.
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No change currently
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No change.. $1900 incoming
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$1,900 has been hit, i still dont like this area. It is a solid point to buy however sell volume is still outpacing buy volume which i typically want to see the opposite for a reversal. Main long area is approximately $1,780 - 1800
Trade closed: target reached