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Gold breaks major resistance at $1154, jump above target $1169

Gold is facing strong trend line resistance around $1152 ( trend line joining $1169 and $1156) and any break above will take the pair to next level  $1160/$1169.

  • On the downside minor support is around $1143 and any break below targets $1134/$1128.
     
  • Short term weakness only below $1128 level.

It is good to buy only above $1152 with SL around $1143 for the TP of $1160/$1169.

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