Gold price has touched 50MA line where there is a strong support. The price is still in the bulls hand and walking within the range. I believe the price may go up to 1765 region again or even more. Most of the US pairs has been weaken these days. Therefore,in my view, there is a high possibility to up the gold price.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.