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What would confirm a bullish move in gold?
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0:00lesson
Bullish gold requires trend confirmation
- Bullish gold needs trend confirmation
- Price above 150 and 200-day MA is guideline
- Trend continuation more likely than reversal
- Avoiding top/bottom picking due to risk
1:26Gold· ticker
Gold — consolidation, bullish chart pattern
- Looking for consolidation, pause
- Hold up to prove not a short-term bounce
- Build bullish chart pattern
- Potential breakout above 150 to 5,200
1:27Yen· ticker
Yen news created price pops
- Yen news created big pops
- News-driven price movement faded
- Upper section is noise
- Price needs to hold up
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