Gold hovers around 1281.00 areas, which could define the next big move and a stable move above this level will ease the path towards 1300.00.
On the downside, trading below 1260.00 is negative signal, but we will avoid trading due to RSI approaching the overbought levels.
Hence, it should stabilize above this levels to prove the bullishness.
Support: :1270.00 –1260.00 –1251.00
Resistance: 1289.00 –1294.00 –1300.00
Direction: Bullish
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