The analysis suggests that Gold may pass through 1555 and make its way to 1577-1578 but there are a few options for its next move:
1. Pull back off 1555, possibly getting back on trend at 1520.00, but I would see it more retracing back to below 1500
2. Passing through 1555 and making around 1577-1578, then pulling back, this retrace would not have the same reach as if from 1555, reaching around 1520, (this option I see as the likely one)
3. Trump starts tweeting and the yellow metal goes in a path totally not expected
1. Pull back off 1555, possibly getting back on trend at 1520.00, but I would see it more retracing back to below 1500
2. Passing through 1555 and making around 1577-1578, then pulling back, this retrace would not have the same reach as if from 1555, reaching around 1520, (this option I see as the likely one)
3. Trump starts tweeting and the yellow metal goes in a path totally not expected
Trade chiuso: obiettivo raggiunto
