GOLD CHART UPDATE - BULLISH SCENARIO

It seems the steam has finally run out and gold is consolidating here for the short term. The overall bigger range the price can settle into - 1807 - 1763. The current immediate range 1780 - 1797 is where the price is testing before a break out.

Our overall sentiment is still Bullish and the support levels identified, are levels we will look for the re-tests before considering entries.

Any long entries in these ranges will only be reconsidered if a challenge and break of 1763 support level takes place.

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