With the current frantic event in the Mid-East, Gold gets a booster to push higher after a lackluster week with so much manipulations to purge both side of the market. On Sunday opening bell in Asia, the key level support (Previous Week Low) was purged and price went to gently retest it then reprice higher to take out the PWH and today the PMH. Basically, Sunday gave the price to seek into Discount and now it's holding some strength into a buy program. Watch out for another ATH to be taken and price discovery beyond.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.