Solid buy signal was formed by the end of yesterday’s trading session - bullish inside bar at the tip of downswing. Let’s note that mid-term trend is not upward already, therefore buyers so far can reckon just on corrective growth of gold. Probable target of temporary recovery of the quotes is resistance level 1720.78.
So, we expect growth to 1703.78 with aim at 1710.00 and 1720.78.
Longs to 1703.78, 1710.00, 1720.78.
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