FX & CFD trading involves significant risk
Gold reaches a new record high at $1435.00ю Currently initial resistance comes at daily Bollinger band top and the Jan 28 rising channel top at $1439.8/1442.1. Daily studies have a slight bullish tone albeit overbought. Initial support seen from the Jan 3 reversal high at $1423.80 then support seen as the 5-DMA at $1419.10.
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