Gold is catching the Nasdaq. GOLD breaks the top level again, above triangle channel, we can see a sharp movement to 2200 mark soon. GOLD moved about 12% since the last two weeks in its bullish streak. It's holding its ground in the resistance zone. We have marked four retracement zones on the chart which approved buying entry points for 2000 can be a good entry point to target a $2200 mark by next week.
Remember, every pullback and consolidation range is the best to point to enter your trades.
Remember, every pullback and consolidation range is the best to point to enter your trades.