Gold reversal on Tuesday 5 July gave a Buy signal at $1520 on 6 July. Weekly Pivot $1577 supports Bull move to $1650 this week with strong support at $1480 (4 July low). Up move has been 10 days with a rise $126 to $1608. Looking for a move to $1650 with a low due on Friday 19 August $1520.
| Trade | Price | Stop | Target | Low/High | S1/R1 | S2/R2 |
|---|---|---|---|---|---|---|
| Buy | $1595 | $1575 | $1650 | $1596 | $1613 | $1633 |
| Sell | $1650 | $1670 | $1550 | $1540 | $1557 | $1521 |
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