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Gold: European Session

Published 12/18/2014, 04:33 AM
Updated 07/09/2023, 06:31 AM

Gold Daily Chart

Levels 1181.85 stood still against the bearish attempts yesterday, and Gold is trading today around the psychological barrier 1200.00 again. The metal should breach 1205.00 to confirm extending the upside move towards 1213.05, and breaching it triggers a new attempt to test 1238.25 then 1263.50.

From the downside, breaking 1181.85 fails any bullish attempt, and testing 1159.20 becomes valid.

Support Resistance & Recommendation

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