Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1798.7).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GOLD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 53.
Take Profits:
TP1= @ 1831.7
TP2= @ 1858.0
TP3= @ 1871.9
TP4= @ 1891.8
TP5= @ 1920.0
SL= Break below S2
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