Please be optimistic, gold will break 2800 by the end of October

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Please be optimistic, gold will break 2800 by the end of October

Gold/Aussie continues to trade in the June uptrend channel.

Its recent bearish section has managed to find support at 0.382 Fibonacci and rebounded, closing at a green candle for the second consecutive session today.

This is the beginning of a new bullish phase in which the lowest move is +7.55%.

With that in mind, buy and target 2750 before the end of October.

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