Gold at critical resistance at 2935/40
Gold
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Gold unexpectedly shot higher to through resistance again at 2900/2905 & shorts were stopped above 2910.
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Gold is at a critical level as we test the short term 1 week upper trend line at 2935/40.
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If you want to try a short, stop above 2944.
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A sustained break above 2944 is a buy signal & we are likely to target 2956/58 & 2962/64.
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However, failure to beat resistance at 2935/40 targets 2925/22 & 2916/13.
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