Mihai_Iacob

Gold remains bullish above 1980

Long
OANDA:XAUUSD   Gold Spot / U.S. Dollar
On Friday Gold spiked up and, as expected, closed the week above 2k important figure.
Yesterday, however, the price started to roll back down and now is trading back under 2k.
Although we are back under 2k, Gold remains bullish overall with the technical support level intact at 1980.
I remain bullish as long as the price is above this level

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