Chart of the day Gold

Gold is breaking above the significant resistance

On the Gold daily chart, we can see that the instrument is extending higher after a break above the 1300-1310 zone that will act as a support now. Look for the upside extension from here which be accelerated on a break above 1320. Invalidation of the upside extension will come only on a daily close below 1290 level
Note: look for the long trade entries with the stop loss below the 1300 level.

 

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