DAY_PROFITS

GOLD Continues Uptrend with Strong Bullish Momentum

Long
DAY_PROFITS Updated   
OANDA:XAUUSD   Gold Spot / U.S. Dollar
As expected in recent days, Gold has continued to surge higher, driven by the main trend scenario of an uptrend. Yesterday, the price experienced a significant bullish momentum, triggering our Take Profit (TP) target and leading us to believe that traders will continue to exert long pressure. Our bias suggests a retest of the resistance level, followed by another fresh bullish impulse.
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