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Gold momentarily broke 609 level to downside and tested 605 level. And reversed to where we started off the day. The trading range 605~612 can be clearly seen in the chart. Current strong support level would be around 609~610 and near term resistance is at 613 and short term resistance would be 619~623. Today trend is slightly bullish and as long as gold is above 609~610 level, we can expect the upside target around 619. But breaking below 609 would lead towards 602~599. Good Luck Thanks for listening!
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