29 \9 miday
The price of gold is now rising upward to break the resistance of the corrective correction channel, and may be testing the pivotal resistance at 1299.20 before returning to the downside again.
In general, we will hold onto our bearish bias for today unless we see a clear break above 1299.20, noting that a break of 1281.17 will confirm the corrective correction to 1263.15.
The trading range for today is among the support at 1270.00 and resistance at 1295.00


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