Gold is creeping up to the strong 1950 level. It's forming an energy buildup and we should expect a surge in the near term
1) Dense consolidation is forming. 2) The trend is uptrending, strong shadows mean energy buildup by the big player 3) Price forms a squeeze to resistance, volatility begins to decline 4) In the medium term we should expect a possible breakdown of the resistance area and the formation of an impulse to 1981
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