Gold : Still Wearing Well Above $ 1305 Support We still favor the bullish scenario we have talked about over the last few weeks - see the TV video and audio comments from the Tlegram - since the signing of the Tax Reduction Bill and until now - and today with the US Consumer Price Index Retail Sales Let's learn about gold targets now
Turning to the technical outlook of gold:
Before reviewing Gold Technical Outlook Remember that it is very important to follow my Twitter and Telegraph accounts to receive important updates on this topic.
Nmazaj artistic still positive for gold as mentioned earlier
A record rise lasted more than two months
The ascending flag on the four-hour chart was broken at 1325, as we mentioned in the previous Friday's video
The bullish flag today after the Asian market was broken at 1329
More technical points See video attachment below article -
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In short, gold is now around $ 1330 and there are several fundamental factors that indicate the possibility of the continuation of the rise of the ounce of gold during this week after taking the technical data shown above until this moment and targets may reach 1340/1350 principle and if broken we will reach 1377 " Now "and the reasons in the video, so beware of selling gold in the coming days - and looking for a signal to trade according to technical data -
, And in the event of a break and close the lowest $ 1316 $ may see again $ 1300 per ounce and this is still ruled out currently, and strongly advised to manage the capital during the strict trading in this period
Remember, it's very important to follow up on Twitter and Telegram to get important updates
General advice for gold traders:
Medium term trader: We recommend looking for buy trades only according to any strategy you use
Short term trader: We recommend looking for short positions only according to any strategy you use, after breaking the short term trend line -
VIP Subscribers: See instructions issued "Deal issued this morning"
