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Gold Technical Analysis May 17, 2018


Gold Technical Analysis May 17, 2018.

Yesterday May 16, 2018 the Gold slightly rose 0.02% against USD and closed at 1290.40.Today May 17, 2018 at 11:45 GMT, the XAU/USD trading at 1286.00. For today the expected trading range is between 1280.50 Support and 1301.70 Resistance.
Expected trend for today is Bullish. (If it breaks strong support 1284 then it will go down if it does not breaks then it will go up for few months)
Supports Levels:   Support 1: 1285.40, Support 2: 1280.50, Support 3: 1274.90
Resistance Levels:   Resistance 1:  1296.00, Resistance 2:   1301.70 Resistance 3: 1306.70

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