Gold did a breakout a couple of weeks ago. it has retraced steeply in the last 2 sessions.
it has seen taking strong support at 70819
The long-term view for gold looks positive, and the trend will likely stay intact as the monthly MACD is up.
we may see retracement or correction in short term but for long term the view is bullish.
it has seen taking strong support at 70819
The long-term view for gold looks positive, and the trend will likely stay intact as the monthly MACD is up.
we may see retracement or correction in short term but for long term the view is bullish.