Gold in near term consolidation, upside breakout expected as a later stage

<p>Gold turned into sideway consolidation last week after hitting 1817.91. While it’s recovering today, the weak upside momentum doesn’t warrant a break out yet. Instead, the consolidation will likely extend further for a while. Nevertheless, we’d expect downside to be contained by 1773.42 support even in case of deeper pull back. Break of 1817.91 will […]</p>
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