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#Gold at a significant level Yesterday I said that Gold looks | Mihai Iacob - Forex& Gold Trading - Free Channel💰

#Gold at a significant level

Yesterday I said that Gold looks like it finished its 1.5 years correction/consolidation and the price action in the past hours comes to add more confirmation for this.
At this moment Gold is trading exactly in the resistance of the range that I've spoken about and just under falling trend line resistance.
The probability of a break above is very high at this point and this could lead to strong acceleration considering the accumulation period.
Levels that bulls should keep in mind are 1860-1870 previous high, 1900-1920 zone, but, if we have such a break, 1950 is a reasonable target in medium-term