Gold Forecast: Primed for a Breakout
From dailyforex.com
Gold markets have had a wild ride over the last 24 hours, initially dipping down towards the $1760 level before rallying significantly to form quite a bit of a hammer. The market is likely to continue to see a lot of upward pressure because the market has been in an uptrend for quite some time, and now it looks like we are going to seriously threaten the $1800 level. If that is going to be the case, then I do anticipate that the market will find plenty of momentum eventually to break out and then go looking towards the $1850 level, and then eventually the $2000 level. Pullbacks at this point continue to see a lot of ...
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