Gold faced a little resistance on 1367-68, observed a double top on 4 Hour & 1 Hour Chart.
Signals that Gold may just do another small correction to Current Support 1350, and breakout Current Resistance 1368, if Gold has successfully breakout higher, next target 1382.
Aggressive Long can be placed at 1350, but make sure to secure the trade with a SL at 5-6 pts away.
However, Gold may also dip to 1338-1340 strong support to chop! chop! chop! the long traders.
If that is the case, prefer to plant Long when Gold come to 1338-40, till then Gold may continue its consolidation between 1338-1368 before breakout to either direction.
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