The pair is correcting lower, trading at 1193.72 dollars per ounce, right now. Today, the precious metal hit a new historical high at 1199.38 dollars, due to the rise of appetite for riskier assets.The bands of Bollinger are enlarging, showing high volatility, while the RSI is on neutral ground. The CCI shows selling signs, right now.

If the trend stays to the downside, the support to watch is 1185, while the next resistance is at 1199.38 dollars per ounce.

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