The Bullish trend in Gold caught quite a few by surprise in February. Though after slowing momentum and consolidating in March, the precious metal seems all but forgotten in April.

The Chart below shows a channel around the consolidation that we have been seeing as we are on the verge of potentially making a big bullish break.



Tomorrow's price action will be crucial in determining the direction in Gold. A close around these levels would setup a very bearish weekly candle.

Will be looking for a sharp rejection from the bottom of the channel to maintain a bullish view.
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