On the downside minor support is around $1195 and weakness can be seen only below that level. Any break below $1195 will target $1185/$1170.
The minor resistance is around $1228 and nay indicative break above will extend gain till $1240/1252.
Indicators (1 Hours chart)
CCI (50) - Buy | CCI (14) - Sell | Ichimoku- Neutral
Recommendation: Buy Gold around $1205, SL 1195, Targets $1225/1240.
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