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US Gold Major Support to be watched -$1290 – Neal Bhai Reports

Gold Silver Reports (GSR) – US Gold Major support to be watched – $1290. Any break below targets $1286/$1283.it should break below $1275 for minor weakness.Major trend reversal only below $1266.Below that level targets $1250.

Gold has gained more than $12 for the day.It hits high of $1299.16 and is currently trading around $1296.21 at start of US session The ongoing trade war and declining yield supporting yellow metal at lower price.

Read More : MCX Gold Price Prediction – Above 31820 Level Expected Target 32220 — 32380 – Neal Bhai Reports

Resistance -$1303 (May month high). Any bullish continuation only above $1303. Any break above targets $1310/$1324.40.

Read More : S&P500 Trades Below 200- Day MA, Dip Till 2720 Likely

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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