A downtrend will start as soon, as gold drops below support level 1503.9, which will be followed by moving down to support level 1496.
Gold, Friday forecast, October 25
A downtrend will start as soon, as gold drops below support level 1503.9, which will be followed by moving down to support level 1496. The uptrend may be expected to continue in case the market rises above resistance level 1505.5, which will be followed by reaching resistance level 1516.
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