<p>Pivot</p> <p> (invalidation): 11955.00 Our preference</p> <p>Long positions above 11955.00 with targets at 12330.00 & 12440.00 in extension.</p>
A weaker US Dollar appears to be buoying gold prices since last week, pushing bullion to challenge chart resistance. Breaking higher could pave way for further upside potential.
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