GOLD TO 2000.00 (PROBABILITY RATE 85%)
GOLD'S RECENT CLOSING PRICE SIGNIFIES A BUYING PRESSURE IN THE MARKET WHICH MAY CAUSE THE PRICE OF THE COMMODITY TO RISE TO IT PREVIOUS SIGNIFICANT HIGHS 2000.00
CLOSING PRICE 1930.00 AREA, TENDS TO TAKE OUT RECENT SIGNIFICANT HIGH 1913.00 AREA CAUSING A CHANGE IN MARKET STRUCTURE.
THE CURRENT CLOSING PRICE ALSO SHOWS A BREAK OUT OF A TREND ON THE DAILIES CHART REPRESENTATION.
WE MAY SEE A PULLBACK AS IT OFTEN PLAYS OUT AFTER A STRONG PUSH BUT THE POTENTIAL DIRECTION PER TECHNICAL ANALYSIS IS BULLISH.
FIND A GOOD ENTRY POINT!
CLOSING PRICE 1930.00 AREA, TENDS TO TAKE OUT RECENT SIGNIFICANT HIGH 1913.00 AREA CAUSING A CHANGE IN MARKET STRUCTURE.
THE CURRENT CLOSING PRICE ALSO SHOWS A BREAK OUT OF A TREND ON THE DAILIES CHART REPRESENTATION.
WE MAY SEE A PULLBACK AS IT OFTEN PLAYS OUT AFTER A STRONG PUSH BUT THE POTENTIAL DIRECTION PER TECHNICAL ANALYSIS IS BULLISH.
FIND A GOOD ENTRY POINT!