Gold, Thursday forecast, September 26
The uptrend may be expected to continue, while gold is trading above support level 1504, which will be followed by reaching resistance level 1511 and 1515. A downtrend will start as soon, as gold drops below support level 1504, which will be followed by moving down to support level 1493.
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Weekly forecast, September 23 - 27
The uptrend may be expected to continue, while gold is trading above support level 1506, which will be followed by reaching resistance level 1523 and if it keeps on moving up above that level, we may expect gold to reach resistance level 1534. A downtrend will start as soon, as gold drops below support level 1506, which will be followed by moving down to support level 1493 - 1488.
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