The downtrend may be expected to continue, while gold is trading below resistance level 1516, which will be followed by reaching support level 1595 and 1488.
Gold, Friday forecast, October 4
The downtrend may be expected to continue, while gold is trading below resistance level 1516, which will be followed by reaching support level 1595 and 1488. An uptrend will start as soon, as gold rises above resistance level 1516.2, which will be followed by moving up to resistance level 1534.2.
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