The shiny metal started to climb again climbing above an important level at 886.50, and targeting the 908 as technical studies shows, the range theory is confirmed as well for gold prices although it might not reach to 920s this time, as we lack power and strength in the market nowadays.

The trading range is among the key support level at 878 and the key resistance level at 905.00.

The general trend is to the upside as far as 810.00 remains intact; targets are set at 1080.00 and 1170.00.

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