GOLD ANALYSIS
GOLD broke a major down trendline
Price rebounded from uptrend line with bullish movement
Price is above the support level at 1809
Price is above HVN at level 1804 which indicates that gold is in the accumulation phase
RSI is above level 50
It's expected to target resistance level at 1860
Price rebounded from uptrend line with bullish movement
Price is above the support level at 1809
Price is above HVN at level 1804 which indicates that gold is in the accumulation phase
RSI is above level 50
It's expected to target resistance level at 1860
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