GOLD is in a strong uptrend. Last Friday shows a pullback in price after Thursdays big Red that might be an indication of profit taking by institutions. GOLD remains bullish approaching resistance area.
Bullish Scenario, with target at 1346, and 1363 Bearish Scenario, with target at 1303
Disclaimer: This technical analysis is not to be treated as financial advice but solely for educational purposes only.
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