Gold price bounced off critical support and took back in one session what was lost in three. Wednesday's lows are very important now. Major support at $1,212. Breaking below it cancels any bullish scenario for Gold. We remain bullish expecting $1,245-$1250.
Gold price moved higher yesterday above $1,237. This is a bullish sign. Gold is ready to break out above $1,240 towards $1,250.
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