GOLD Support and Resistance levels

• Gold one hour bullish cross continues to do well. Up move will be safe as long as price stays above 50 and 100 Hour SMA.
• Second chart shows price contraction between support and resistance lines. Breakout above the resistance line will extend this up move which also means breaking back into the daily channel shown in last chart. Daily close back into the daily channel will add strength for the bulls of GOLD.
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