GOLD, Weekly Forecast, 13 - 17 October


Main scenario:
The pair is trading along an uptrend.
An downtrend is already started from 1236, which will be followed by moving down to support level 1218 and then to 1206.

Alternative scenario:
An uptrend will start as soon, as the pair rises above resistance level 1239, which will be followed by moving up to resistance level 1250, then to 1260.

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