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Technical analysis:
Gold has been trading downside on Friday but I see the price has rejected of the rising support (upside channel), which is good sign for the further upside continuation.
Trading recommendation:
Due to the strong upside cycle in the background and rejection of the lower rising trend-line, I see potential for the further growth.
Watch for the potential buying opportunities on the intraday dips with the upside objective at $1.951.
Key support level is set at $1.860
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