BULLISH RUN ON GOLD

Lat week we saw an impulse on gold from around 1820.00 to 1880.00 and upon meeting key psychological level at 1880.00 got a correction to the 50% of the fib pulled on the impulse on the daily timeframe. Yesterday we saw the bulls coming in with good momentum breaking 1870.00 4hr structure which was supported by a double bottom and from that we can expect a minor pullback to look for an entry on the smaller timeframe with TP around 1900.00.