Gold - Technical Chart analysis

By @ibtimes on

The pair is correcting lower, after hitting a daily high at 1128.32 dollars per ounce. The 20 days CCI is on neutral ground, as well as the 14 days RSI. If we observe the MACD, the indicator shows buying signs. Below, the support is at 1123.80, while the next resistance above is at today's highs.

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