Gold Still Bullish, Watchout Support at 1189.95

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Analisa Teknikal Forex – Gold is in a bullish bias after yesterday broke through resistance at 1293 level, when viewed from the stochastic and CCI there is an opportunity for gold to go down first, therefore note suport at 1189.95 levels to seek confirmation of a buy signal with gold will pullback lin the range 1198.95 – 1204.50.

But be careful if the support at 1189.95 level is successfully penetrated as it will push gold lower with target will test the next support level at 1180.95.