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Bullish momentum continues.
(By Yann Quelenn )
• Gold's is trading higher after the precious
metal reached the support given at 1204
10/07/2017 high). Hourly resistance lies at 1258
(23/06/2017 high). Expected to show further
strengthening.
• In the long-term, the technical structure
suggests that there is a growing upside
momentum. A break of 1392 (17/03/2014) is
necessary ton confirm it, A major support can be
found at 1045 (05/02/2010 low)
