Technically, the price is constantly setting new high price thresholds, when in turn breakina through old peak milestones, specifically in the H1 chart, the gold price is approaching the 161.8 Fibo zone, and next week it may continue to conquer. Recovering the Fibo threshold of 261.8 around the round resistance level of 2,800 USDL OZ.
Notable technical levels are listed below. Support: 2.741USD Resistance:2.688 -2.700 - 2.711USD
SELL GOLD PRICE 2801- 27994 Stoploss 2805
BUY GOLD PRICE 2624-26264 Stoploss 2620.
BUY GOLD PRICE 2659-2661 Stoploss2655.
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