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Gold Bulls Eyeing The All-Time High

  • Trend conditions in Gold remain bullish and this week’s break higher has confirmed a resumption of the current uptrend.
  • The move higher maintains the positive price sequence of higher highs and higher lows and sights are set on the next key resistance at $2070.4, the Mar 8 2022 high.
  • This is just ahead of the all-time high of $2075.5 (Aug 7 2020).
  • Key short-term support has been defined at $1981.7, the Apr 10 low.

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