Gold price continues to make higher highs and higher lows. Price has broken out of the cloud resistance and above the trend line resistance at $1,343. So far, bulls remain in control of the short-term trend.
Black line - resistance
In the daily chart, Gold price is above the Ichimoku cloud. Trend is bullish. Cloud support is at $1,326. As long as the price is above $1,326, bulls will remain in control. Important resistance is at $1,345-53. A rejection at that area will certainly bring the price back to $1,330-25.
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