#Gold is running towards the 1575 price range. the move up is sharp so its normal to expect a correction before getting another move up towards 1600.
the boxes are the potential price reversal zones. in case you want to short it when the price reaches there ;)
but still, the longterm direction is still up, specially considering the US going indirectly to war with Iran inside Iraq borders (they killed a famous IRGC military commander in baqdad airport today) its likely for the price of gold to be leaning higher in coming days. (still we should expect the correction since the move up is sharp)
the boxes are the potential price reversal zones. in case you want to short it when the price reaches there ;)
but still, the longterm direction is still up, specially considering the US going indirectly to war with Iran inside Iraq borders (they killed a famous IRGC military commander in baqdad airport today) its likely for the price of gold to be leaning higher in coming days. (still we should expect the correction since the move up is sharp)
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