As I predicted yesterday, we got a nice intraday bearish movement on Gold.
Analyzing the price action on a daily time frame today,
I spotted that the market is currently consolidating.
We can see a narrow horizontal trading range.
Those who are looking to buy the market should wait for a breakout
of the resistance of the range.
A daily candle close above 2342 will be our strong bullish confirmation.
A bullish continuation will most likely follow then.
Next resistance will be 2736
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