Gold is over 1060 after almost touching new highs yesterday. During the morning, the price corrected to the fibo 50 from yesterday's low to today's high. If it builds a good support at 1061.8, the pair will be very near a new annual high. Remember that the pair is always attracted to highs and lows. All MA are helping the upwards trend, but if they don't support the price, 1053, by the upwards trend, could be a good spot for the price to rebound. If keeps sliding down, 1043.8 is a very significant support.
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