Trading Ideas

GOLD DAILY

 Gold maintains its intentions of reaching the $1000 mark moving along a bullish trend that initiated in late April. The last attempt encountered resistance at the $965-$970 area, the last obstacle standing that’s stopping the metal from getting the four-digit label. Gold corrected from $970 to touch the support line once again at $930, making it a good occasion for the bulls to enter the market.

*Legal disclaimer: Please acknowledge this is solely the writer’s opinion and does not pose an investment recommendation in any sort of way. Before placing trades please consider its suitability for your circumstances.

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