Gold futures

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Over the past four weeks, gold futures fell to the 3900 level, before resuming their upward move. They may be now be preparing to retest the all-time high at 4400. Formally, the trend remains bullish, however, from a historical perspective, it has already lasted for more than 1000 days, leaving limited room for further upside.

Long-term trend: Up
Resistance level: 4400
Support level: 3900

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