Gold continues to fluctuate around the SMA 50, and as long as the price is below 1208.40, our bearish outlook remains effective as a breach of this level will lead the price to reach 1238.30 mainly, while the break of 1190.00 represents the negative impact of the triple top Ability to push the price towards our awaited targets that start at 1180.00 then 1160.00.
Resistance price is :
Resistance 1:1285.63
Resistance 2:1286.75
Resistance 3:1288.90
Supporting price is :
Supporting 1:1281.45
Supporting 2:1278.26
Supporting 3:1275.12


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