On the downside, bullish technicals will continue to favor Gold bulls, with immediate resistance seen at Friday's high of $1964, above which the 100 DMA The upside at $1968 will be challenged.
Gold buyers need to find a strong foothold in gold to resume the recent uptrend towards multi-month highs of $1988. Before that, Thursday's high of $1,982 will be a tough one to break through for them.
I sent a sell signal yesterday and am now taking profit 70pip. Today I will post a buy
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