GOLD dip buying
1500 proving to be a good psychological area. Yesterday we lost the daily uptrend which signals that weekly consolidation could be in the cards. However 1500 being a good area for shorts to cover/dip buying means that we could anticipate a bounce into next week.
1500 breaking today is unlikely but if that were to happen, stops would be triggered!
Good trading.
1500 breaking today is unlikely but if that were to happen, stops would be triggered!
Good trading.
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