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Date Posted: 09:31:35 06/25/19 Tue
Author: Philbond007
Subject: Gold: monthly candle chart

Gold hit $1,439 early today, which is close enough to the $1,438 resistance level NOT shown on the last chart I posted. Stating the obvious, I'd like to see the monthly candle CLOSE above the $1,395 level. If the price can manage a CLOSING candle above the $1,438 level, the $1,500 level would likely be tested fairly quick.

There's still 5 days left in this month & a lot can happen, so for now, in my opinion, keeping an eye on the MONTHLY chart is a decent way to reduce the noise & focus on the big picture:



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