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Message: Gold is up and Things to watch for this week
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According to technical analysts, the market is in a wait and watch mode. If gold remains below the confluence of resistance between 830/848, the outlook is bearish. In the near-term support could come at 803/805.

Looks to me resistance is broken. Have we now formed support at 830/848. The next few days are critical to stay above this and form support. We may have a bullish signal here.

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