Wild - Gold:Gold broke the 883.50 resistance level. Gold is in an uptrend supported by 1 Hour exponential moving averages. Bollinger Bands are widened indicating increased volatility. We should expect to see a bullish configuration today. 1 Hour and 4 Hour Elliott patterns are also implying that Gold should gather momentum during the day. The target is expected to hit 894. This provides forex traders with an opportunity to go long taking advantage of a bullish correction.


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