GOLD is moving sideways on H4 chart, the price is trading near the major support (1180 -1182) but probably we’ll have another bullish momentum. We have an important resistance between 1223 – 1224 but also an intraday resistance somewhere at 1209. Gold is into an extended consolidation, we’ll have a clear direction once we’ll have a breakout from this range. If the US dollar will start a broader correction then the Gold price will start a significant upward movement.


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