Looking at GOLD price we can see that it has been moving up for a long time. As a result of this appreciation market beat significant resistance at $1257, and re-tested it by rejecting it from the other side (as support).
It is worth noting that much more significant resistance is in area of 1305.00. Because last time GOLD in this area was during the election night in United States (9/11/2016), it may turn out that bulls will make every effort to re-test it again.
It is worth noting that much more significant resistance is in area of 1305.00. Because last time GOLD in this area was during the election night in United States (9/11/2016), it may turn out that bulls will make every effort to re-test it again.
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