Gold recovery gaining traction
Today we have Gold price action on a watch.
Gold is testing the 50% retrace level of 2019-2020 swing up to 1700. We could see a bounce from here and a reversal higher. A daily close above 1518 level will accelerate the upside extension into 1600.
ARMAT trading system is neutral
Note – retest of the previous resistance. Look for long trade entries with the stop loss below 1500 upon a break above 1518
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