gold: continued progression.
*
*
* Pivot point: 1650.00
Our preference: long position above 1650.00 with targets at 1667.00 & 1678.00 in extension.
Alternative scenario: at the break out of 1650.00, a further decline will be possible with 1641.00 & 1637.00 in sight.
Comment: the exceeding of 1650.00 is a positive signal which opened the way to 1667.00.


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