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Nothing has changed since we expected the metal to retest the 38.2% correctional level at 938.20. If gold successfully breaks the mentioned level and builds a solid base above it, this will open the way for targets at 950 which is a psychological barrier.
The trading range is seen among 911.75 support levels and 955.10 resistance levels. The general trend is to the upside as far as 730.00 remains intact with targets at 983.00 1016.00 |
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| forex, gold, market, update |
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