Gold made a strong bullish statement today and hit the lower boundary of the target area shared previously. At the same time, it made an attempt to confirm a classical pattern and there is a good chance of very positive weekly closure tomorrow.
Let’s try to decipher the messages from the candles, TA and waves.
This daily overview contains:
– analysis of the daily chart and TA;
– 2hr EW chart with the short-term targets;
– mid- and long-term forecasts.
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