Daily Forecast
Pair: GOLD
Major Trend: Bullish
Time Frame: Daily
Reason: The price has broken through the middle area of Bollinger bands and moving upwards, but for now the price is still a correction to aea weekly support at 1184.09 before continuing bullish trend back. Can be seen happening in the divergence pattern Stochastic and MACD indicators, while RSI moves down the line 50.
Recommendation: Buy Limit in wS 1 (1184.xx) or in wS 2 (1163.xx)


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