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Gold has broken minor trend line resistance around $1171 (trend line joining $1190 and $1180) and confirms minor trend reversal, a jump till $1180/$1190 is possible .
- On the downside major weakness can be seen only below $1160 and nay break below that level will drag the commodity further down till $1150/8$1140 level.
It is good to buy at dips around $1168-$1170 with SL around $1159 for the TP of $1180/$1189.
