Gold is trading in an upwards channel and it just bounce off the daily uptrendline with huge momentum giving us a bullish morning star. Should it break the 1980 resistance then further upside should be expected. Due to low volatility in the market the alternative scenerio is that gold will range between 1980 supply and 1940 demand area.
Candlestick Analysisgold-analysisSupply and DemandTrend Lines

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