GOLD Extremely Bullish Pushing Towards 1611 Retest
1560 zone is a possible bounce spot. If the market makes a retracement to 1560 zone watch for a possible renewed bullish pressure. The first target is 1586- W H4 camarilla pivot. A 4h close above and we should see 1594-1600. Any breakout above 1600 implies a 1611 retest. If the market drops below 1560, watch for 1554 zone for a possible bounce.
The Analysis has been done with the CAMMACD.Core and Sit Systems
This article was originally posted on FX Empire