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Traders,
This weekly chart is showing us a high possibility of "V" reversal for gold. tp1: 1280 tp2: 1302 tp3: 1324 Nothing is guarantee . Not saying all targets is going to be hit in a single week.
Excellent long term levels. This is the price projection on a more medium term time-frame:
SonicDeejay
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View on Gold
BULLISH
We have NFP tonight and it shall be under "good" category.
It shall spur the "risk on" moment and bring this pairs up for a time being.
I foresee, it can swing up to a decent resistant level of $1269 region
TruKING852
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looking at history, July and August were the strongest months for gold
it's "possible" we hit 1320 before end July at maximum, really depends on how fierce the short covering rally will be..