(24 JULY 2017)GOLD (in USD):Bullish momentum continues.

(24 JULY 2017)GOLD (in USD):Bullish momentum continues.

24 July 2017, 13:55
Jiming Huang
0
19

gold


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)

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