After hitting yesterday 1226 resistance level Gold pullbacks toward 1210 major support level. As the price remains stable above 1210 major support level, we think the increase may gain power and we will face resistances at 1226 and 1236 levels again. On the other hand, breaking of 1210 support and daily closing below this major support level indicates the downtrend will continue. In this case 1197 and 1186 are the first support levels.
03 Feb 17 (Fri)
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