Gold touches 1249.00-1250., which are decisive levels and a break of them will expose 1280.00-1281.00 regions.

In fact, we see increase in bulls’ power on ADX in addition to bullish channel from 1246.00.

A break above 1260.00 is essential to witness additional bullishness.

Support:  1252.00 – 1242.00 – 1232.00

Resistance:1260.00 – 1270.00 – 1281.00

Direction: Bullish

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