Gold is trying hard to give a breakout of ascending triangle @48912 after which could move towards the target @52176 i.e. a rally of more than 6% !!! . There is also MACD crossover with a positive histogram a damn Bullish signal !!!
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if anyone wants to trade the idea please comment I would provide the stoploss.
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Now keep your stoploss at the cost as, gold had move 500+