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GOLD is locked within the 1225-1245 range

FXStreet (Łódź) - Independent Analyst Vladimir Mihaylov note that gold has been trading in a narrow range of 1225-1245 on Monday

Key quotes


"For now 1245 seems unbreakable and the outlook is more bearish than bullish."

"H4 and Daily indicators here are pointing to the downside while Weekly show that bullish recovery continues."

"To fully restore the bullish move we need a Weekly close above 1280, but this maybe not this week."

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