Weekly Chart:

The weekly chart with the key levels illustrated. You can see the price attempting to breach the key resistance level but failing so far, this now is an important test on the level, does it need more of a pullback to then come back and break, or are we going to see another huge reaction in price as we saw last time into that lower level we have marked out! Extension of the move is back up towards the 1880 level so you can now see what can happen in the weeks ahead on Gold if the level breaks!

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As always, trade safe.

KOG
Supply and DemandSupport and ResistanceTrend Analysis

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