Gold found support today at the 2/1 and 4th sq rt progression, a break under this level could indicate price could test the bottom of channel. As long as gold finds support above this level I believe gold could try to test 1300 to 1308 as resistance.
If gold can break out above ( daily close) 1300 and its upper channel, look for higher gold prices to come with resistance at 1338 and 1376
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