Gold: Downtrend Continues To 1483 While Trading Below 1493

Gold, Monday forecast, September 30

The downtrend may be expected to continue, while gold is trading below resistance level 1493.8, which will be followed by reaching support level 1483. An uptrend will start as soon, as gold rises above resistance level 1493.8, which will be followed by moving up to resistance level 1501.1.

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