✴️ GOLD Daily timeframe. 14 December
Gold. Day timeframe. Daily analysis
1) Gold opens a new support level at 1804.115
2) Yesterday's momentum forms a kind of bullish absorption.
3) Fundamental factors are on the buyers' side. Indicators are changing in the positive direction.
4) The price breaks through the level of 1804.115 and opens the way to 1825.
5) Today's candlestick forms a technical pullback to support, from which I expect growth towards 1825, and 1869
1) Gold opens a new support level at 1804.115
2) Yesterday's momentum forms a kind of bullish absorption.
3) Fundamental factors are on the buyers' side. Indicators are changing in the positive direction.
4) The price breaks through the level of 1804.115 and opens the way to 1825.
5) Today's candlestick forms a technical pullback to support, from which I expect growth towards 1825, and 1869
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