The gold has depreciated by a thousand pips since April this year. Any price lower will undoubtedly increase investors appetite to buy the gold.
Combining with the technical support of a weekly rising trendline and the completion of a bat formation at point D, that's very enough reasons to long the gold within the range of 1253 to 1240.
Combining with the technical support of a weekly rising trendline and the completion of a bat formation at point D, that's very enough reasons to long the gold within the range of 1253 to 1240.
