Hi Team,
with major support at 1279.5 gold to hit 1300 as next R level. time frame is a week.
candles plotted heiken ashi along with pinbars and BB with parameters: period 20, Deviations:2, apply to : weighted close hlcc/4.
Also, given major news today on ism non manufactuing pmi and expected negative results will add on to surge in gold prices. North korean event is also crucial this week with Kim testing more missiles. Major historical trends also support the time for gold to surge. apart from…
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