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GOLD Still Bought on the Dips

Nenad Kerkez

The Gold has made a moce above W L3 pivot and we might expect a continuation to the upside. The POC zone is 1542.87-1544. As long as the price is above the zone we should see a move up. Targets are 1556 followed by 1560 and 1564 which is the final intraday target. If the market makes a close avoe 1581 then we will see a retest of 1600 zone.

The Analysis has been done with the CAMMACD.Core and Sit Systems

This article was originally posted on FX Empire