Preferred direction: BUY
Comment: The strong buy-priority for gold has been going on since the previous week. On Friday evening, as trading closed and the market left for the weekend, the instrument showed good growth, and sales at Friday’s highs were not able to significantly push the price down, as many had expected. The limit buyer here is one of the strongest at the moment, so it is preferable to look at long trades.
Current prices are great for intraweek trading buy-orders. We have a growth target at the level of 2060, then you can also take a closer look at 2070 and even 2080, since the seller’s accumulated funds at the 2040 level allow the metal to move this distance.
Thank you for like and share your views!
Comment: The strong buy-priority for gold has been going on since the previous week. On Friday evening, as trading closed and the market left for the weekend, the instrument showed good growth, and sales at Friday’s highs were not able to significantly push the price down, as many had expected. The limit buyer here is one of the strongest at the moment, so it is preferable to look at long trades.
Current prices are great for intraweek trading buy-orders. We have a growth target at the level of 2060, then you can also take a closer look at 2070 and even 2080, since the seller’s accumulated funds at the 2040 level allow the metal to move this distance.
Thank you for like and share your views!
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