'Golden bulls' rules!

gold 13.01.

Despite strong US dollar, gold continuously reach new tops. I wrote on Friday, that bulls want’s 1235/40 and here we are. Yesterday gold already catch 1235 and today even more 1244, aiming to the next target at 1255/60, daily MA200 and previous resistance from October 21. On the way down, outer trendline could stop the decline at 1230, lower stronger support at 1220, but bulls are on the move here!

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