Hi Guys,
These signals are enough to be a buyer in gold with the target of 1340.00 TP, because price is going to test that resistance level.
There is an important update about Gold current position which I want to share with you guys, first you all should know that Gold is in Downtrend in long term charts but in H1 chart Bulls seems to be in control.
* There is a Hammer formation in the last hour which also formed above the Support level (D_S1 1322.90)
* Over sold in Ultimate Oscillator
* There is a Hammer formation in the last hour which also formed above the Support level (D_S1 1322.90)
* Over sold in Ultimate Oscillator
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| Gold Analysis |
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