🥇 GOLD Narrow consolidation before a breakthrough
Gold is in a tight consolidation. A breakout could happen at any time, but which way? Up or down?
1) Gold does not fall after a strong rise. 2) Gold makes new highs. 3) There is a strong support zone for gold around 1807-1810. 4) Gold could test support before rising and make a false breakout
I expect a pullback to 1810, possibly a false breakout. It is worth waiting for a consolidation above 1810 for further buying.
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