(11 SEPTEMBER 2017)GOLD (in USD):

(11 SEPTEMBER 2017)GOLD (in USD):

11 September 2017, 13:41
Jiming Huang


Consolidating within uptrend channel.

(By Yann Quelenn )

• Gold has seen increased buying interest, 

clearing rising trend-line. Hourly support is given 

at a distance 1326 (gap low). Key resistance is 

located at 1375 (06/07/2016). Stronger support 

lies at 1204 (10/07/2017 high). Expected to show 

continued increase. 

• 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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