FX & CFD trading involves significant risk
Golden-cross of 5- & 100-DMAs as gold closed above the 55-DMA yesterday. Initial resistance seen as the daily Bollinger band top and Jan 27 res line at $1382.3/1385.5. Initial support seen from the 55-DMA at $1372.90. Strong supp seen around the 5- & 100-DMAs and Jan 28 sup line.
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