GOLD Monthly Chart - Bullish Scenario.
Overhead resistance could be very difficult to break. The technical significance of the 1350 to 1390 resistance zone cannot be over- stated. Nevertheless I believe Gold is bullish in the long run. After 60 months consolidating the previuos bullish trend, it is likely that the price will rip through resistance to commence a new bull trend.
Good luck fellow traders
Good luck fellow traders
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