It seems gold consolidated at the fibo 23.6% of the large movement (marked from 987.12 to 1061.8), so the price will try again to seek new historical highs. The next resistance to break is 1053, before the 1062 high. If any of these targets is not broken, the price will turn and its target will be breaking the fibo 23.6% to meet with the support at 1036, which is being helped by the fibo 38.2%.

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