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07.11.201815:31 Forex Analysis & Reviews: Analysis of Gold for November 07, 2018

Long-term review

Exchange Rates 07.11.2018 analysis

Recently, Gold has been trading sideways at the price of $1,231.00. Anyway, according to the H4 time – frame, I have found bullish flag in creation, which is a sign that Gold is in a consolidation phase. My advice is to watch for a breakout of the bullish flag to confirm further upward continuation. The upward targets are set at the price of $1,243.00 and at the price of $1,265.85

*这里的市场分析是为了增加您对市场的了解,而不是给出交易的指示。

Petar Jacimovic,
Analytical expert of InstaForex
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