GOLD BULLISH BIAS RIGHT NOW| LONG

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Hello, Friends!

GOLD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of 2,666.483.

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We are seeing a good move already so we will keep the trade running!