Gold broke long-term resistance at 1737.39-1745.27 and now almost nothing interferes with bulls’ movement in direction of $1800 for a troy ounce. There should be corrections of course, but it’s early to discuss them yet.
Ending of the downswing at 1750.42 and following upward reversal in direction 1800.00 (it’s quite likely that such a bold target won’t be reached within one day).
Longs from 1750.42 to 1770.00, 1780.00, 1790.00, 1800.00.
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