Recently, the Gold has been trading downwards. As I expected, the price tested the level of $1,342.20 (resistance became strong support). Since the Gold is still in upward trend and there is a successful rejection of strong support in the background, my advice is to watch for potential buying opportunities. The upward target is set at the price of $1,365.55 (yesterday’s high).
Trading recommendations for today: watch for potential buying opportunities.
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