Gold has been trading upwards in the past 24 hours as I expected. The price tested the level of $1.500. The upside breakout is still valid and there is chance for the potential test of $1.515, which is my main target.
Watch for buying opportunities on the dips and main target at the price of $1.515.
MACD oscillator is showing mew momentum and it is confirming strong bullish condition.
Resistance level is seen at the price of $1.515 and after that at $1.534
Support level is seen at the price of $1.486.
In my opinion, there is the the influence from the larger time-frame traders in this bullish movement and it might have bigger bullish impact .
