Gold has been correcting for some time and touched a low of 0.618% of its previous rally and getting support at 0.618% levels. Gold is slowly coming out of correction mode and slowly its gaining momentum and resuming its uptrend. Bull Power has crossed Bear Power upwards which is showing Bulls are now taking control slowly and steadily.
Once Gold resumes its uptrend, then Targets where it may get resistance are R1: 1850-60 R2: 1900-20 R3: 2040-50-60-70.
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