Gold is now on resistance level. 1306 level is resistance level for gold at this moment. We recommend to wait for breakout of the resistance level. After successful breakout of this level, we can expect more bullish rally for gold. For buy, first target will be 1325 and second target will extend to 1340 level.
If breaks 1295 level, then we can go for sell on gold. For sell target will be 1275 level.
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